Business activities that pertain to product pricing,discount and credit terms,and identifying the most and least profitable items are part of the __________ activity in the organization's value chain.

Question

Quizplus · Accepted Answer

Pricing, discounting, and credit terms are primarily marketing and sales activities as they are focused on generating revenue and maximizing profits through effective sales strategies. Identifying the most and least profitable items also falls under marketing and sales as it involves analyzing consumer behavior and market trends to make informed decisions about product offerings. Inbound logistics is concerned with the receipt and storage of raw materials or goods, while operations involve the actual production or delivery of goods and services. Service activities encompass post-sales services and customer support.

Business Activities That Pertain to Product Pricing,discount and Credit Terms,and