Solutions (Scenario)
Ramzy is the new strategic manager for Solutions Tech, Inc., a management consulting firm dedicated to assisting small businesses in the pursuit of success. He is currently in a meeting with Jassem, who is the owner of a successful small business that creates computer displays for big companies. Ramzy is reviewing the business strategy at Jassem's business and has some recommendations.
-Before making any recommendations, Ramzy informed Jassem that a_________ is the entire series of organizational work activities that add value at each step, beginning with the processing of raw materials and ending with finished product in the hands of end users.
A) supply chain
B) ethical chain
C) value chain
D) financial chain

Question

Quizplus · Accepted Answer

Ramzy is referring to the concept of "value chain" which describes the series of activities that a company performs in order to deliver a valuable product or service to its customers. The other choices are not relevant to the discussion.

Solutions (Scenario) Ramzy Is the New Strategic Manager for Solutions Tech, Inc