Asked by
Yanna Matos
on Dec 05, 2024Verified
Which is the correct order of cost incurrence in the value chain?
A) R&D, Product design, Manufacturing, Marketing, Distribution, Customer support
B) R&D, Product design, Customer support, Marketing, Distribution, Manufacturing
C) R&D, Product design, Manufacturing, Distribution, Customer support, Selling
D) R&D, Product design, Manufacturing, Distribution, Marketing, Customer support
Value Chain
A sequence of activities that a company performs to design, produce, market, deliver, and support its products.
R&D
Research and Development, which refers to the activities companies undertake to innovate and introduce new products or services.
Product Design
The process of creating a new product to be sold by a business to its customers, focusing on specifications, functionality, and appearance.
- Ascertain and organize costs within the scope of production and the value chain, highlighting manufacturing overhead and non-manufacturing costs.
Verified Answer
IM
Learning Objectives
- Ascertain and organize costs within the scope of production and the value chain, highlighting manufacturing overhead and non-manufacturing costs.