Question

What does a company's value chain primarily represent?

A. The company's financial assets and liabilities
B. The total market capitalization of the company
C. The series of activities and processes that create value for the company and its customers
D. The number of employees in the company

Answer 1

A company's value chain primarily represents the series of activities and processes that create value for the company and its customers.

Step-by-step explanation:

The primary role of a company's value chain is to represent the series of activities and processes that create value for the company and its customers. It includes all the steps involved in bringing a product or service from its raw form to the final result that is delivered to customers. The value chain can help identify areas where a company can gain a competitive advantage by either reducing costs or differentiating its offerings.