Which of the following is the correct ranking of the value chain by level of skill of the labor force (from lowest to highest skill levels)?
A) component production, assembly, marketing and sales, R&D
B) assembly, component production, marketing and sales, R&D
C) assembly, marketing and sales, component production, R&D
D) component production, marketing and sales, assembly, R&D

Question

Quizplus · Accepted Answer

The correct ranking from lowest to highest skill levels typically starts with assembly, which often involves repetitive tasks that may require less specialized skills. Component production comes next as it can require more specialized skills related to manufacturing specific parts. Marketing and sales follow, demanding a different set of skills including communication, strategy, and understanding of the market. R&D (Research and Development) is placed at the highest level of skill as it involves innovation, advanced technical knowledge, and problem-solving capabilities.

Which of the Following Is the Correct Ranking of the Value