Each functional activity along the value chain adds value to a product when it raises costs and decreases the price a company can charge for it.

Name: Each functional activity along the value chain adds value to a product when it raises costs and decreases the price a company can charge for it.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Each functional activity along the chain adds value to the product when it lowers costs or gives the product differentiated qualities that increase the price a company can charge for it.

Each Functional Activity Along the Value Chain Adds Value to a Product