Asked by Allison Bottorff on Jun 15, 2024
Verified
Primary activities of a typical value chain relate to the creation or delivery of a product and include areas such as information management,process improvement,and employee compensation.
Primary Activities
Activities in the value chain that are directly involved in the creation of a product or service, transformation, delivery, and after-sales service.
Information Management
The process of collecting, storing, managing, and distributing information in an effective and secure manner.
Process Improvement
The proactive task of identifying, analyzing, and improving upon existing business processes within an organization to optimize performance or meet new quotas or standards.
- Differentiate between core and auxiliary activities within the value chain.
Verified Answer
Learning Objectives
- Differentiate between core and auxiliary activities within the value chain.
Related questions
Which of the Following Is NOT a Primary Activity of ...
_________ Is an Example of a Primary Activity for Most ...
In the Context of the Primary Value Chain Functions, Which ...
___ Activities Relate to the Production and Distribution of the ...
Primary Activities Do Not Add Value Directly to the Firm's ...