Asked by
tiyonna gamble
on Dec 05, 2024Verified
Which of the following does the value chain for a merchandising entity include?
i. Design
ii. Customer support
iii. Purchasing
iv. Production/sales transaction
A) i, ii and iii
B) ii, iii and iv
C) i and iv
D) iii and iv
Merchandising Entity
A business that purchases finished products and sells them to customers, typically involving retail and wholesale entities.
Value Chain
A series of activities that businesses go through to deliver a valuable product or service to the market.
- Understand the principles behind service and merchandising value chains.
- Acquire knowledge of the structure and parts of a value chain in businesses dealing with services and merchandise.
Verified Answer
XM
Learning Objectives
- Understand the principles behind service and merchandising value chains.
- Acquire knowledge of the structure and parts of a value chain in businesses dealing with services and merchandise.
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