Question

Which of these statements concerning the value chain is correct? Select one: a. None of these...

Which of these statements concerning the value chain is correct?

Select one:

a. None of these is correct

b. All of these are correct

c. The value chain essentially internalises an organisation’s thinking

d. The value chain and the supply chain are different names for the same thing

e. The value chain enables the financial measurement of downstream and upstream activities

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Answer #1

answer : e)The value chain enables the financial measurement of downstream and upstream activities

explanation

value chain is the set of activities maintained by a firm to create value and deliver valuable product to the customers . value is created when provided benefits exceeds the cost of the product

value chain mainly having three activities they are

1) upstream activities : product dovelopment , firms relationship with the suppliers

2) downstream activities : linkages with customers , including delivery service and other activities

3)operations : manufacturing operations . providing product or services

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