Answer:
activities through which a product or service is created and delivered to customers.
Explanation:
In simple words, A value chain can be understood as the business model that outlines the whole process of creating a product or service. The processes involved in taking a commodity from conception to dissemination, as well as everything in among as sourcing raw materials, production operations and marketing activities—make up a value chain for firms that create things.
C) The exchange of goods and services for money
The problem and solution both compete with each other because they both are opposite in nature.
<h3>Why
problem and solution compete each other?</h3>
Problem and solution are two different things from each other, as problem is the undefined way of something that is much negative approach whereas solution is the way of finding the result of something or problem is positive statement.
Thus, because they both are opposite in nature.
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Answer:
The correct answer is letter "C": By dividing the average cost of workers by their average levels of output.
Explanation:
The Unit of Labor cost measures how much it costs to compensate and employee per unit manufactured. It is calculated by dividing the average cost of employees with an average level of production. The result is expressed as a percentage of the labor compensation per hour in regards to the units produced without the same time.
Answer:
The correct answer is letter "D": Revenue should be recognized in the period goods and services are provided.
Explanation:
Revenue Recognition is an accounting term that describes how and when a firm records revenue in its books of accounting. Revenue recognition follows the <em>Generally Accepted Accounting Principle</em> (GAAP) and using the accrual method of accounting it requests to record revenue when earned, it is when the goods or services are provided regardless of when the money for those products is received.