Of all the value creation activities in a firm, which of the following creates value by discovering consumer needs and communicating them back to the R&D function of the company, which can then design products that better match those needs?
A) Production
B) Marketing and sales
C) Human resources
D) Logistics
E) Information systems
Correct Answer:
Verified
Q42: A firm's profitability is maximized when it
A)creates
Q45: A firm's ability to increase its profitability
Q47: Which of the following is a support
Q49: Who among the following should be viewed
Q49: Superior value creation relative to rivals requires
Q50: Which of the following is a primary
Q52: For services such as banking or health
Q53: Which of the following is the function
Q54: A firm maximizes its profitability when it
A)creates
Q57: The value creation activities of a firm
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