
TRACK2
Quiz
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Business
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University
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Practice Problem
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Medium
Jamea Abe
Used 2+ times
FREE Resource
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20 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
The primary goal of a value chain is to increase a business's efficiency so that it can provide the most value for the least possible cost.
True
False
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
It refers to the business of agricultural production, including farming, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing, and retail sales.
Agriculture
Agribusiness
Investment
None of the above
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Creating a competitive advantage is not a key objective of implementing a value chain in a business.
True
False
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Which activities included in primary activities
Marketing and sales
Operations
Inbound activities
Human resource management
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
"Human Resource" is considered a support activity in the Value Chain Analysis.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the supporting activities of the value chain model?
Infrastructure of the firm, Human Resource department, Technology department, Marketing and Sales
Inbound logistics, Procurement, Outbound Logistics, Marketing and Sales, and Service
the infrastructure of the firm, Human Resource department, Technology department, Procurement
Infrastructure of the firm, Service, Technology department, Procurement
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The _____________________________is defined as all the steps, processes, and trading partners involved in making, storing, and delivering a finished product into the hands of the end user.
Production Chain
Value Chain
Supply Chain
Selling Chain
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