Each value chain is supported by one or more business processes.

Question

Quizplus · Accepted Answer

This is true. Business processes are the activities that organizations perform to achieve specific business objectives. They can include activities such as procurement, production, marketing, and sales, among others. Each value chain, which refers to the set of activities that a company performs to deliver a product or service to the market, is supported by one or more of these business processes.

Each Value Chain Is Supported by One or More Business