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The value chain

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The value chain includes costs associated with research, product design, production, marketing, sales, distribution, and customer support after the sale. Which areas of the value chain do you think should be included in calculating product costs? Why? Where would the other costs be reported (if at all)? What is the cost behavior based on the variability of cost variances and revenue volatility?

 

Embed course material concepts, principles, and theories (which requires supporting citations) along with at least one scholarly, peer-reviewed reference supporting your answer. Keep in mind that these scholarly references can be found in the Saudi Electronic Library by conducting an advanced search specific to scholarly references.

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