A company incorporates contributions from buyers who help add value to the company's products and services. Which of the following best describes this action?
A)creation of a supply chain
B)performing a promotional activity
C)creation of a value chain
D)extension of the value chain

Question

Quizplus · Accepted Answer

Extension of the value chain involves incorporating contributions from external sources, such as buyers, to add value to a company's products and services. This goes beyond the internal processes to include external inputs that enhance the overall value offered to customers.

A Company Incorporates Contributions from Buyers Who Help Add Value