Asked by Nacole Watkins on May 01, 2024
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Value-chain analysis can be used to determine if a business is adding unique value in all of the following areas, except
A) product research.
B) human resources.
C) process innovation.
D) quality management.
E) location decisions.
Value-Chain Analysis
A strategic analytical tool used for identifying the primary and support activities of a business that add value to its final product and then analyzing these activities to reduce costs or increase differentiation.
Location Decisions
The process of selecting a place for conducting business, considering factors like cost, access to suppliers, distribution channels, and customer interaction.
Process Innovation
The act of implementing new or significantly improved production or delivery methods, aiming to improve efficiency or quality.
- Identify elements of the value chain analysis and its role in identifying a company's core competencies.
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Learning Objectives
- Identify elements of the value chain analysis and its role in identifying a company's core competencies.
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