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One Reason That the Value Chain Analysis Is a Valuable

question 55

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One reason that the value chain analysis is a valuable tool for cost analysis is that cost drivers tend to be very different between the different activities of the firm.


Definitions:

Budget Constraint

A limitation on the consumption choices of individuals based on their income and the prices of goods and services.

Income

Regular earnings from employment or investment.

Budget Constraint

The limitations on the consumption choices of an individual or household as a result of limited income and finite prices of goods and services.

CDs

Compact Discs, a digital optical disc data storage format that was widely used for storing music and other data.

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