Which of the following is an example of a primary activity? (2024)

FAQs

Which of the following is an example of a primary activity? ›

Activities like mining, farming, hunting, lumbering, and forestry are all parts of the primary sector.

The primary activities of the value chain include inbound logistics, operation outbound logistics, marketing and sales, and service.

The five key (primary) activities that generate higher profits include inbound logistics, operations, outbound logistics, marketing and sales, and services.

The value chain framework encompasses five primary activities -- inbound operations, operations, outbound logistics, marketing and sales, and service -- and four secondary activities -- procurement and purchasing, human resource management (HRM), technological development and company infrastructure.

Final answer: A primary activity for most firms, in the context of business, refers to actions that are directly related to producing the firm's goods or services. The best suitable option amongst the choices provided is operations, as it includes tasks directly involved in creating products and delivering services.

Primary activities are directly dependent on environment as these refer to utilization of earth's resources such as land,water,vegetation,building materials and minerals.It includes ,hunting and gathering,pastoral activities,fishing,forestry,agriculture,mining and quarrying.

Answer and Explanation:

The correct answer is D) procurement. This option is correct because procurement is one of the secondary activities of the value chain. Service, inbound logistics, and marketing are all primary activities that directly add value.

There are three main types of business activities: operating, investing, and financing. The cash flows used and created by each of these activities are listed in the cash flow statement.

The correct answer is Manufacturing. Secondary sector activities involve the processing of raw materials extracted from the primary sector into finished goods. Manufacturing is a classic example of a secondary sector activity.

What are the primary activities and secondary activities? ›

Primary economic activities are those that involve the harvesting, extraction, or collection of natural resources. Secondary economic activities are those that process raw materials into finished products.

Primary and support activities are the processes and systems a business uses to develop its offering. The five primary activities are inbound logistics, operations, outbound logistics, marketing and sales, and services. Support activities are firm infrastructure, HR management, technology development, and procurement.

Porter's value chain involves five primary activities: inbound logistics, operations, outbound logistics, marketing and sales, and service. Support activities are illustrated in a vertical column over all of the primary activities. These are procurement, human resources, technology development, and firm infrastructure.

Forestry means managing trees and woodland, mainly for the production of wood or timber. Quarrying and mining are two more types of primary activity. Quarrying is the gathering of rocks and minerals from the earth's surface, while mining is extracting them from below the surface of the earth.

Primary activities include hunting and gathering, pastoral activities, fishing, forestry, agriculture, and mining and quarrying.

The primary activities of the value chain include: Inbound logistics, operations, outbound logistics, marketing, and service.

The correct option is: supply chain management.

Marketing and sales are primary activities in the value chain analysis of Apple. One of the reasons behind Apple's shockingly increasing revenue is Apple's marketing and sales strategies to provide the highest value out of reduced cost from various activities.

Value chain analysis chart

Primary activities focus on the manufacturing of goods and services, while secondary activities back up primary activities. Primary activities include: Inbound logistics: availability of raw materials, warehousing, and distribution. Operations: creating products from raw materials.