Question

Value chain activities are Question 27 options: a) the activities most likely to be imitated by competitors. b) activities or tasks the firm completes in order to produce products and then sell, distribute, and service those products in ways that create value for customers. c) the core competencies of the organization. d) the activities most crucial to implementing the firm’s business strategy.

Answer 1

Answer:

The correct option is B

Explanation:

The value chain activities are those activities which the firm or business perform or completes so that can produce the products and then ultimately sells them, distribute and service the products in order to create or establish the value of the product from customers.

In other words, it is bringing a product from making to distribution, and everything in between like procuring raw materials, manufacturing functions, and the marketing activities.