Asked by callie torres on Jul 01, 2024
Value-chain analysis is used to identify activities that represent, or can develop into, the core competencies of a business. Who introduced this concept?
A) Ford
B) Toyota
C) Porter
D) Smith
E) Taylor
Value-Chain Analysis
Value-Chain Analysis involves examining the steps involved in producing a product or providing a service to optimize the value delivered to customers and increase efficiency.
Core Competencies
A set of skills, talents, and activities in which a firm is particularly strong.
Porter
A person employed to carry luggage and other loads, especially in a railroad station, airport, or hotel.
- Distinguish the aspects of value chain analysis and its function in determining an organization's primary capabilities.
Learning Objectives
- Distinguish the aspects of value chain analysis and its function in determining an organization's primary capabilities.
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