55. (Value chain) You are the management accountant for a manufacturer of breakfast cereals. You’ve been asked to prepare a presentation that will illustrate the company’s value chain.

a. What activities or types of companies would you include in the upstream

(supplier) part of the value chain?

b. What internal activities would you include in the value chain?

c. What activities or types of companies would you include in the downstream

(distribution and retailing) part of the value chain?