The factor(s) that describe the relationships of a firm's value chain activities that are performed with its suppliers and customers is(are) called:

Question

Quizplus · Accepted Answer

External linkages describe the relationships a firm has with its suppliers and customers in terms of its value chain activities. Internal linkages, on the other hand, describe the relationships between a firm's own value chain activities. The industrial value chain refers to the entire set of activities and actors involved in producing and delivering a particular product or service. Therefore, option B is the correct answer.

The Factor(s) That Describe the Relationships of a Firm's Value