Value Chain - Quiz | SaliceSalice

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

Supporting the company’s infrastructure

Financial reporting

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

Hiring new employees

2. Which of the following is a primary activity in the value chain?

Operations

Human Resources Management

Firm Infrastructure

Technology Development

3. Value chain analysis helps a company to identify:

New employee recruitment strategies

Areas for cost reduction and increased efficiency

Competitors in the market

The best advertising platforms

4. Which activity in the value chain is focused on creating demand for the product?

Human Resources Management

Procurement

Marketing and Sales

Technology Development

5. Operations in the value chain refers to:

Converting raw materials into finished products

Recruiting new employees

Identifying new market segments

Managing sales teams

6. Procurement in the value chain is primarily concerned with:

Handling customer complaints

Promoting products to customers

Purchasing the inputs required for the company’s operations

Setting product prices

7. In the value chain, firm infrastructure provides support for:

Only primary activities

The entire organization, ensuring smooth functioning and value creation

Reducing sales team size

Advertising campaigns

8. The value chain concept emphasizes:

Hiring new employees

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

Reducing marketing expenses

Reducing customer engagement

9. Marketing and sales as a primary activity involve:

Developing new technologies

Delivering products to stores

Strategies and activities to create demand for products and persuade customers to buy

Procuring raw materials

10. What is the primary goal of value chain analysis?

Reduce employee salaries

Increase production costs

Limit marketing campaigns

Identify activities that create value for customers and improve competitive advantage

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