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This activity aligns with Weekly Outcomes 2 and 3 Analysis of the 'added value' achieved by an organisation will reveal how much has been contributed by each of its primary and support activities of porter's value chain. The object of the analysis is to identify those activities undertaken by the organisation which contribute the most to the total value added. This is so that strategies may be established to increase their contribution still further in order to meet organisational objectives. Task: ● Explain how value chain analysis may help a company: o To assess the value added by each of its primary and support activities To determine its priorities for strategic resource allocation

This activity aligns with Weekly Outcomes 2 and 3 Analysis of the 'added value' achieved by an organisation will reveal how much has been contributed by each of its primary and support activities of porter's value chain. The object of the analysis is to identify those activities undertaken by the organisation which contribute the most to the total value added. This is so that strategies may be established to increase their contribution still further in order to meet organisational objectives. Task: ● Explain how value chain analysis may help a company: o To assess the value added by each of its primary and support activities To determine its priorities for strategic resource allocation

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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This activity aligns with Weekly Outcomes 2 and 3 Analysis of the 'added value' achieved by an organisation will reveal how much has been contributed by each of its primary and support activities of porter's value chain. The object of the analysis is to identify those activities undertaken by the organisation which contribute the most to the total value added. This is so that strategies may be established to increase their contribution still further in order to meet organisational objectives. Task: O Explain how value chain analysis may help a company: o To assess the value added by each of its primary and support activities To determine its priorities for strategic resource allocation
Transcribed Image Text:This activity aligns with Weekly Outcomes 2 and 3 Analysis of the 'added value' achieved by an organisation will reveal how much has been contributed by each of its primary and support activities of porter's value chain. The object of the analysis is to identify those activities undertaken by the organisation which contribute the most to the total value added. This is so that strategies may be established to increase their contribution still further in order to meet organisational objectives. Task: O Explain how value chain analysis may help a company: o To assess the value added by each of its primary and support activities To determine its priorities for strategic resource allocation
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