In the value-chain model certain activities must be, Operation Management

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In the value-chain model certain activities must be

In the Value-Chain model, certain activities must be completed in order to produce and deliver each unit of the product – or service – to the customer. In the Cost Structure (or Profit Formula) element of the business model, the expense of performing these value-chain activities would be the ______? A: Revenue B: Variable Cost C: Margin D: Fixed Cost E: Profit

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