The entire sequence of activities that add value to a company's products and services is called ________.
A) the value chain
B) the planning process
C) TQM production chain
D) Enterprise Resource Planning

Question

Quizplus · Accepted Answer

The value chain encompasses all of the activities that contribute value to a company's products and services, including research and development, production, marketing, and distribution. The planning process and TQM production chain are specific components of the value chain, while Enterprise Resource Planning refers to a specific system for managing a company's resources.

The Entire Sequence of Activities That Add Value to a Company's