The system of value creation is also known as:
A) Organizational value
B) Quality process
C) A value chain
D) Competitive advantage
E) Core competency

Question

Quizplus · Accepted Answer

The system of value creation is also known as a value chain. This refers to the sequence of activities and processes that an organization goes through to create and deliver value to its customers. It includes all the activities from production to marketing and sales, and ultimately to customer support and after-sales service. By optimizing the value chain, organizations can create a competitive advantage and enhance their organizational value.

The System of Value Creation Is Also Known As