Question

According to the textbook, it is useful to think of the firm as a(n) _____ composed of a series of distinct activities, including production, marketing, materials management, R&D, human resources, information systems, and the firm infrastructure. A. functional stream B. momentum machine C. inertia chain D. value chain

Answer 1

D. value chain

Step-by-step explanation:

• Value chain comprises of the activities that a firm in an industry performs to deliver a product as goods and services for the market this concept has been developed by the porter.

• At the form level, the value chain is a business unit that states the product pass through distinct activities in order to gain some value. The primary activities include the inbound operations, marketing, and sales functions of the form.

• While the supporting includes the infrastructure, technology development, human resource management, and procurement of goods and services.