Which of the following statements is true of a company's value chain?

Question

Quizplus · Accepted Answer

The primary activities within a company's value chain are supply chain management and operations, which include activities such as procurement of raw materials, manufacturing, and distribution. Marketing, sales, and customer service are considered support activities that assist the primary activities in creating value for customers. The research and development department is responsible for creating and improving products and services, but it does not coordinate personnel recruitment for the entire organization. The marketing department may be involved in sourcing components, but it does not build the product.

Which of the Following Statements Is True of a Company's