Fundamentals of Management (10th Edition)
10th Edition
ISBN: 9780134237473
Author: Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher: PEARSON
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Question
Chapter 15, Problem 5DQ
Summary Introduction
To determine:
What is a value chain, value chain management and the goal of value chain management?
Introduction:
Value chain is the chain of processes in the production system that increases the worth of an end product. It includes processes which will add value and improve the results or usefulness of the product. It was developed by Michael Porter in 1985.
Value chain management involves examining every step in the manufacturing process so that best products can be developed at lowest costs. It is an analysis tool which is used for integration and collaboration of value chain components and resources.
The goal of value chain management is to give customers the products required or needed by them at the lowest prices. Also, that everyone on the chain benefits from value chain management.
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Can you guys help me with this? Thank you!
Please summarize the case of McDonald's success in China, including how PESTEL analysis goes along with the situation.
Here are the videos to help to provide some ideas to summarize the case:
Why McDonald's Is Thriving In China from CNBC
McDonald's in China | Inside China from CNBC International News
Chapter 15 Solutions
Fundamentals of Management (10th Edition)
Ch. 15 - Prob. 1TAICh. 15 - Explain why these 14 principles are still...Ch. 15 - Prob. 3TAICh. 15 - Prob. 4TAICh. 15 - Prob. 5TAICh. 15 - In the factory of the future, what role does a...Ch. 15 - What is operations management and how is it used...Ch. 15 - Prob. 2DQCh. 15 - Prob. 3DQCh. 15 - Prob. 4DQ
Ch. 15 - Prob. 5DQCh. 15 - Prob. 6DQCh. 15 - Explain why managing productivity is important in...Ch. 15 - Prob. 8DQCh. 15 - Prob. 9DQCh. 15 - Prob. 10DQCh. 15 - Prob. 1PTSCh. 15 - Discuss this from a value chain management...Ch. 15 - Prob. 15DQCh. 15 - 15-16 Do some research on offshoring. What is it?...Ch. 15 - What can managers learn about managing operations...Ch. 15 - Societal moral issue: Although enforcement of...Ch. 15 - Prob. 19DQCh. 15 - What role does innovation play in managing an...Ch. 15 - Prob. 21DQCh. 15 - 15-22 Describe the operations management issues...Ch. 15 - Is a global network of suppliers the future of...Ch. 15 - Prob. 24DQCh. 15 - Would you describe production/operations...Ch. 15 - What uncertainties does Starbucks face in its...Ch. 15 - Prob. 27DQCh. 15 - Prob. 28DQCh. 15 - Prob. 29DQ
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