From the four selections below,identify which are necessary to develop the value chain of a product or service.
1.Processes $\quad$$\quad$$\quad$3.Nonvalue-adding activities
2)Departments$\quad$$\quad$ 4.Value-adding activities
A)1 and 3
B)2 and 4
C)1 and 4
D)1 and 2

Question

From the four selections below,identify which are necessary to develop the value chain of a product or service. 
1.Processes $\quad$$\quad$$\quad$3.Nonvalue-adding activities
2)Departments$\quad$$\quad$ 4.Value-adding activities
A)1 and 3
B)2 and 4
C)1 and 4
D)1 and 2

Quizplus · Accepted Answer

Processes are necessary to define the steps involved in creating a product or service, and value-adding activities are those steps that contribute directly to the value received by customers. Departments may be involved in the process, but they are not necessary components of the value chain. Nonvalue-adding activities are those steps that do not contribute directly to the value received by customers, and while they may be present in the process, they are not necessary for developing the value chain.

From the Four Selections Below,identify Which Are Necessary to Develop \quad

From the Four Selections Below,identify Which Are Necessary to Develop $\quad$