Is the activity “inspect incoming materials for requisite quality” a value-adding activity? Justify XXXXXXXXXXConsider the retail operations for a bank. For these operations, how should the bank...

Is the activity “inspect incoming materials for requisite quality” a value-adding activity? Justify. 10.23 Consider the retail operations for a bank. For these operations, how should the bank define its customer? Should each individual be the customer?

Alternatively, should each household be the unit of analysis?