CPA-BUSINESS practice question 5 of 35
Which of the following is incorrect with regard to value chain analysis?
Full set: 530 questionsCorrect Answer:
D. The value chain starts with the firm and goes all the way through to the end users of the product.
Explanation
Choice "d" is an incorrect statement and the correct choice. The best description of a value chain is that value starts with the suppliers who provide the raw materials for a production process, continues with the firm and its strategic plan, continues with the value created by the customers, and then ends with the disposal and recycling of the materials. Choices "a", "b", and "c" are incorrect, as all are correct statements with regard to value chain analysis.
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