Question

Which of the following statements is false?

1) Value chain activities need to be closely coordinated.
2) Primary value chain activities include marketing and sales.
3) An organization's value chain is the only component of the value system.
4) None of the statements are false.

Answer 1

The false statement in this question is option 3, which states that an organization's value chain is the only component of the value system. The value system includes not only the internal activities of an organization but also external factors such as suppliers, distributors, customers, and other stakeholders.

Step-by-step explanation:

The false statement in this question is option 3, which states that an organization's value chain is the only component of the value system. The value chain is just one part of the broader value system. A value system includes not only the internal activities of an organization but also external factors such as suppliers, distributors, customers, and other stakeholders who contribute to the creation and delivery of value to customers. Therefore, option 3 is false.