Describe Value Chain Analysis

question 9

Essay

Describe value chain analysis.

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Definitions:

Organizational Strategy

A plan of action designed to achieve a long-term or overall aim within an organization.

Designing Organizations

Designing organizations involves structuring and aligning the various parts of an organization in a way that matches its strategy, enhances efficiency, and facilitates management and operational processes.

Departmentalization

The process of dividing an organization into different departments or units, each specializing in a specific area of operation.

Organizational Structure

The system used to define a hierarchy within an organization, determining how roles, responsibilities, and authority are organized and how information flows between the levels of management.