Value chain activities are those that are undertaken by an organization in order to transform raw material into the final product or service that the customer buys.

Question

Quizplus · Accepted Answer

Value chain activities encompass all the processes and actions that a company engages in to transform raw materials into a final product or service that is delivered to the customer. These activities include both primary functions (such as production, marketing, and sales) and support functions (like procurement, technology development, and human resource management) that together create value for the customer.

Value Chain Activities Are Those That Are Undertaken by an Organization