Firms Can Use a Value Chain Analysis of Their Industry

question 36

Multiple Choice

Firms can use a value chain analysis of their industry

• A)as the basis of their customer segmentation.
• B)to divide and locate production between countries with different natural resources that suit each stage of production.
• C)to identify the profitability of production at each stage of the firm value chain.
• D)to definitively categorize their suppliers.

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Definitions:

Roadmap

A roadmap is a strategic plan that defines a goal or desired outcome and includes the major steps or milestones needed to reach it. It can apply to project management, product development, or strategic planning.

Running Business

The continuous operation of a company's core activities and functions in the pursuit of generating profits and maintaining sustainability.

Financing Needs

The requirement for funds to cover the startup, expansion, or operational activities of a business.

Supporting Detail

Additional information or data provided to back up or explain the main points in a report, proposal, or document.