Asked by Adecel Rusty on May 16, 2024
Verified
A(n) __________ is a specific sequence of activities that transforms raw materials into a finished good or service.
A) transformational chain
B) value chain
C) materials requirement plan
D) distribution plan
E) activities system
Value Chain
This concept describes the full range of activities that businesses go through to bring a product or service from conception to delivery to the final consumer.
Transformational Chain
The interconnected steps or processes that lead to a significant change or metamorphosis in an organization or system.
Materials Requirement Plan
A system used in manufacturing to coordinate the supply of materials with production schedules to ensure that materials are available when needed.
- Recognize the significance of the value chain in transforming raw materials into finished goods or services.
Verified Answer
Learning Objectives
- Recognize the significance of the value chain in transforming raw materials into finished goods or services.
Related questions
Pacific Rim Gasket and Seal Company Manufactures a Variety of ...
The ________ Element of the Value Chain Relates to Activities ...
Which of the Following Does the Value Chain for a ...
Which Inventory Account Consists of Products Currently Being Processed ...
Which of the Following Characteristics Do Merchandisers Have ...