The set of activities that transforms raw resources into the goods and services of an organization is called:

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The value chain is a set of activities that an organization performs to create and deliver value to its customers. This includes activities starting from the acquisition of raw materials to the delivery of the final product to the end customer. It involves both primary activities such as inbound and outbound logistics, operations, marketing, etc. and support activities such as procurement, technology development, human resource management, etc. Supply chain refers specifically to the activities involved in the procurement of raw materials and their delivery to the organization, while demand chain involves the activities related to the marketing and sales of the products. Cost-benefit analysis is a technique used to evaluate the costs and benefits of a project or decision.

The Set of Activities That Transforms Raw Resources into the Goods