RoboToys,Inc.is involved in the production of robotic toys.This firm produces the raw materials,including metals and oils for plastic; creates the integrated circuits,displays,and batteries; and assembles the toys.Which of the following stages of the industry value chain is RoboToys involved in?
A) stages 1, 2, and 3
B) stages 1, 2, and 4
C) stages 2, 3, and 4
D) stages 2, 3, and 5

Question

Quizplus · Accepted Answer

RoboToys is involved in stages 1, 2, and 3 of the industry value chain. Stage 1 deals with producing raw materials, stage 2 deals with producing components, and stage 3 involves assembling the product.