What Is a Value Chain Analysis

question 433

Multiple Choice

What is a value chain analysis?

• A)Evaluates an organization's strengths, weaknesses, opportunities, and threats to identify significant influences that work for or against business strategies.
• B)Analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry.
• C)Views a firm as a series of business processes, each of which adds value to the product or service.
• D)Generic business strategies that are neither organization nor industry specific and can be applied to any business, product, or service.

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Definitions:

Recall

The mental process of retrieving information from the past.

Preschooler

A child who is in the developmental stage between toddlerhood and school age, typically between the ages of 3 and 5 years.

Random In Nature

Events or processes that occur without a predictable pattern, often described by probability distributions.

Memory Skills

The ability to encode, store, and retrieve information over time.