Value Chain - Quiz | SaliceSalice

1. Primary activities are directly involved in:

Managing employee benefits

Limiting product offerings

Producing, marketing, delivering, and servicing products

Reducing advertising costs

2. Support activities are important in the value chain because they:

Assist primary activities and help create more value in the final product

Handle direct customer interaction

Set the company’s marketing strategy

Reduce production quality

3. Primary activities in the value chain directly relate to:

Supporting the company’s infrastructure

The creation of the product or service, from production to delivery

Financial reporting

Hiring new employees

4. The value chain concept emphasizes:

Reducing customer engagement

Hiring new employees

Reducing marketing expenses

Analyzing the contribution of each activity to a company’s value and profitability

5. The value chain helps in identifying:

The best advertising platforms

Ways to cut marketing budgets

Employee salary packages

Activities that add value and those that do not add value to customers

6. Support activities in the value chain primarily assist:

Competitors in the market

Product pricing

Primary activities in creating value for the customer

Sales teams

7. Which of the following is an example of a primary activity in the value chain?

Technology Development

Firm Infrastructure

Service

Human Resources Management

8. Operations in the value chain refers to:

Identifying new market segments

Recruiting new employees

Converting raw materials into finished products

Managing sales teams

9. Technology development as a support activity aims to:

Focus on outbound logistics only

Increase production costs

Manage employee benefits

Support the development of new and improved processes and products

10. Value chain analysis helps a company to identify:

The best advertising platforms

New employee recruitment strategies

Competitors in the market

Areas for cost reduction and increased efficiency

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