Q2. Which of the following terms most accurately defines a visual description of the steps required to transform rawn into finished products and/or services? virtuous circle culture chain product line Value chain

The correct answer is "Value chain." A value chain is a visual description of the steps required to transform raw materials into finished products and/or services. It includes all the activities that add value to the product or service, from the initial sourcing of raw materials to the final delivery to the customer.