The key functional inputs that an organization provides during the transformation of raw materials into a delivered product or service is referred to as a(n)______.

Question

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The concept of the value chain was introduced by Michael Porter and refers to a series of activities that an organization undertakes in order to create and deliver value to its customers. This includes all of the functional inputs involved in transforming raw materials into a delivered product or service. Choices B, C, and D are not the most appropriate to describe this concept.

The Key Functional Inputs That an Organization Provides During the Transformation