Q7
Step by step business functions, in which product or services must have customer usefulness is classified as
A.
value chain
AnswerB.
useful chain
C.
product chain
D.
services chain
Answer: Option A
Solution
Answer: Option A
Solution:
Step by step business functions, in which product or services must have customer usefulness is classified as value chain. A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) for the market.