In value chain analysis, the selling and promotion to prospective customers is classified as ___________?
Correct answer: B. marketing
- A. researching
- B. marketing
- C. acquaintance
- D. usefulness
Explanation
Marketing in the value chain includes selling and promoting products or services to prospective customers. Researching may support marketing, but it is not the activity described in the question.
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About Cost Accounting
Cost accounting measures and analyses the cost of producing goods or providing services for planning, control and pricing decisions. It covers direct and indirect costs, fixed and variable costs, job and process costing, break-even analysis, marginal costing, overhead allocation, and the difference between product cost and period cost.
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