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What is the value chain? a. The chain or sequence of events that financial people use...

What is the value chain?

a. The chain or sequence of events that financial people use to value a private company.

b. A set of options that a manager will create that could bring more value to a business unit.

c. A sequence of activities where each activity adds value to the prior activity turning raw material into a finished product.

d. Both the chain or sequence of events that financial people use to value a private company and a sequence of activities where each activity adds value to the prior activity turning raw material into a finished product.

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Answer: A sequence of activities where each activity adds value to the prior activity turning raw material into a finished product.- Value chain is the business model which explains the range of activities required to create the product or service , where entire series of these work activities adds the value to each step from turning raw material into a finished product.

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