A visual description of the steps required to turn raw materials into finished products and/or services most accurately defines the term __________.
A)virtuous circle
B)culture chain
C)value chain
D)product line

Question

Quizplus · Accepted Answer

The term "value chain" refers to the series of steps involved in turning raw materials into finished products and services, with each step adding value to the final product. This includes everything from sourcing and processing raw materials to distribution and marketing of the end product. The other options do not accurately describe this process.

A Visual Description of the Steps Required to Turn Raw