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https://www.investopedia.com/terms/v/valuechain.asp
Jan 11, 2020 · A value chain is a business model that describes the full range of activities needed to create a product or service. For companies that produce goods, a value chain comprises the steps that ...
https://www.mindtools.com/pages/article/newSTR_66.htm
Elements in Porter's Value Chain. Rather than looking at departments or accounting cost types, Porter's Value Chain focuses on systems, and how inputs are changed into the outputs purchased by consumers. Using this viewpoint, Porter described a chain of activities common to all businesses, and he divided them into primary and support activities ...
https://en.wikipedia.org/wiki/Value_chain
A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) for the market.The concept comes through business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.
https://www.toolshero.com/management/value-chain-analysis-porter/
Dec 08, 2013 · The value chain also known as Porter’s Value Chain Analysis is a business management concept that was developed by Michael Porter. In his book Competitive Advantage (1985), Michael Porter explains Value Chain Analysis; that a value chain is a collection of activities that are performed by a company to create value for its customers.4.3/5(80)
https://www.businessnewsdaily.com/5678-value-chain-analysis.html
Aug 28, 2019 · A supply chain and value chain are similar in nature, but the value chain takes a few more things into consideration, like product design, research and development, and advertising.
https://www.visual-paradigm.com/guide/strategic-analysis/what-is-value-chain-analysis/
What is Competitive Advantage. Value Chain Analysis is mentioned extensively in the first half of the book "Competitive Advantage" in 1985 by Michael Porter.Porter suggested that activities within an organisation add value to the service and products that the organisation produces, and all these activities should be run at optimum level if the organisation is to gain any real competitive ...
https://www.smartsheet.com/value-chain-model
The business model, coupled with an understanding of business capabilities, is the basis for the operational, technology, and information decisions that support a successful value chain system. The value chain model, while important, is only one part of a company’s overall business model or strategy.
https://www.mbahelp24.com/value-chain-analysis-primary-support-activities/
Oct 13, 2016 · The Value Chain: Features, Phases, Merits & Limitations. Procurement – the function of purchasing the raw components as well as other inputs used in the value-creating activities. Technology Development – involves research and development, process mechanisation, as well as other technological advances used to support the value-chain activities.
http://www.quickmba.com/strategy/value-chain/
The value chain also is useful in outsourcing decisions. Understanding the linkages between activities can lead to more optimal make-or-buy decisions that can result in either a cost advantage or a differentiation advantage. The Value System. The firm's value chain links to the value chains of upstream suppliers and downstream buyers.
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