A ________ is a network of value-creating activities.
A)value pyramid
B)value system
C)value network
D)value chain

Question

Quizplus · Accepted Answer

A value chain is a series of activities that a firm operating in a specific industry performs to deliver a valuable product or service for the market. These activities transform inputs into outputs that consumers are willing to pay for. The value chain includes activities such as production, marketing, sales, and customer service, all working together to create and deliver the final product to the end user.

A ________ Is a Network of Value-Creating Activities