Activities necessary to remain in business are called value-added activities.

Name: Activities necessary to remain in business are called value-added activities.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Value-added activities are defined as activities or processes that contribute to the production or delivery of a product or service, and are necessary to remain in business. These activities add value to the final product or service, and may include design, production, marketing, sales, and customer service activities.

Activities Necessary to Remain in Business Are Called Value-Added Activities