A(n) __________ is a specific sequence of activities that transforms raw materials into a finished good or service.

A) transformational chain
B) value chain
C) materials requirement plan
D) distribution plan
E) activities system

Value Chain

This concept describes the full range of activities that businesses go through to bring a product or service from conception to delivery to the final consumer.

Transformational Chain

The interconnected steps or processes that lead to a significant change or metamorphosis in an organization or system.

Materials Requirement Plan

A system used in manufacturing to coordinate the supply of materials with production schedules to ensure that materials are available when needed.