Activities in the value chain are classified as value-added or non-value-added in many organizations.

Question

Quizplus · Accepted Answer

This statement is true. In most organizations, activities in the value chain are categorized as value-added or non-value-added based on whether they directly contribute to creating value for customers or not. Value-added activities are those that directly contribute to creating value, while non-value-added activities are those that do not.

Activities in the Value Chain Are Classified as Value-Added or Non-Value-Added