You are the management accountant for a small company that makes and distributes hot sauce. You have 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 activities would you include in the internal value chain?

c. What activities or types of companies would you include in the downstream (distribution and retailing) part of the value chain?