Which of the following statement is true?
Statement I Operation includes the steps to convert a raw material to the final produce.
Statement II Service is the most important step to provide value addition to the product.
Statement III Procurement and technology development are support activities.
A. Both I and III
B. Both II and III
C. Both I and II
D. I, II and III
Answer: Option D
Related Questions on Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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