Of the value creation activities in a company, which of the following is concerned with the design of products and production processes marketing customer service production research and development logistics

The activity of creating value in a company related to product design and production processes is research and development, this is because of the uniqueness of the products offered in the market is not valued by consumers, competitors will easily seize the company's marketing targets, in this case, the strength of the department development and research play an important role. Therefore research and development are closely related to product design and production processes.

Value Chain

A value chain is a series of activities for company operations in a specific industry. The business unit is an appropriate level for value chain development, not a division or corporate level. The product goes through all the chain of activities in order, and at each activity the value of profit of several products. The activity chain provides value-added products of the total value added from all activities. It is important not to mix the concept of the value chain with costs incurred throughout all activities. Activities in the value chain are divided into 2 types, namely:

1. Primary activities:

2. Supported activities:

There are six Value Chain business functions, as follows:

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Value chain

Details

Class: High School

Subject: Business

Keyword: Value chain and marketing strategy.

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