3 Questions
Which of the following is NOT a primary activity that keeps businesses in operation?
Marketing products
What is the main focus of LAP-EC-071?
Business activities
Why is it important to learn about business activities?
To understand how businesses operate
Study Notes
Primary Business Activities
- Inbound logistics, operations, outbound logistics, marketing, and sales are primary activities that keep businesses in operation.
LAP-EC-071
- The main focus of LAP-EC-071 is to identify and analyze the primary and support activities of a business.
Importance of Learning Business Activities
- Learning about business activities is important because it helps to understand how businesses operate and how they can be improved.
- It helps to identify areas where a business can create a competitive advantage and optimize its resources.
Test your knowledge on types of business activities and how they are interrelated with this quiz on LAP 71 Performance Indicator: EC:071. Explore the importance of understanding business activities and apply your learnings to real-life scenarios.
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