All of the following are components of the value chain except:
A)Research and design activities.
B)Obtaining raw materials.
C)Supporting the product after it is sold.
D)Maintaining large inventories so that orders can be filled promptly.

Question

Quizplus · Accepted Answer

Maintaining large inventories is not considered a component of the value chain as it does not add any direct value to the product or the customer. In fact, it can be viewed as a cost rather than a value-adding activity. The other options, such as research and design, obtaining raw materials, and supporting the product after sale, all contribute directly to the value creation process.

All of the Following Are Components of the Value Chain