The activities necessary to remain in business are called:
A)Value-added activities
B)Activity inputs
C)Activity outputs
D)Activity drivers

Question

Quizplus · Accepted Answer

Value-added activities are the activities that add value to the final product or service. These are the activities that customers are willing to pay for. They are necessary for staying in business because they are essential for creating the product or service that generates revenue. Activity inputs, activity outputs, and activity drivers are all related to the process of value creation, but they are not as critical to the overall success of the business as value-added activities.

The Activities Necessary to Remain in Business Are Called