Asked by
Richard Nason
on Oct 24, 2024
Verified
The value chain for a service entity includes:
i. design.
ii. purchasing.
iii. marketing.
iv. distribution.
A) i, ii and iv
B) ii and iii
C) i and iii
D) i, ii and iii
Value Chain
A model that describes the full range of activities needed to create a product or service, from initial conception through the various phases of production to the final customer.
Service Entity
An organization or a part of an organization that provides services to customers or internal partners.
- Comprehend the concepts of service and merchandising value chains.
- Grasp the concept and components of a value chain in service and merchandising entities.
Verified Answer
CM
Learning Objectives
- Comprehend the concepts of service and merchandising value chains.
- Grasp the concept and components of a value chain in service and merchandising entities.