What term describes all activities associated with providing a product or service?

Question

Quizplus · Accepted Answer

The term that describes all activities associated with providing a product or service is the value chain. This includes all stages from the conception of the product or service to its delivery to the customer, including procurement of materials, production, marketing, distribution, and customer support. The value chain concept was developed by Michael Porter as a way to analyze and improve a company's competitiveness.

What Term Describes All Activities Associated with Providing a Product