Question

The set of business activities that add value to the end product is referred to as __________, in which information flows through functional areas that facilitate an organization's business processes

Answer 1

Value Chain .

Step-by-step explanation:

The set of the business activities that add value to the end product is referred as Value Chain.

Value Chains is the a way through which a company can increase its efficiency. Creation of value is the main aim of any business entity.The last aim of value chain is to create a competitive advantage for the company.

Value is created for the customers , for the shareholders etc. There are two main categories in a value chain analysis they are Primary value activities and support value activities.