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:

Personal Unconscious

The reservoir of material that was once conscious but has been forgotten or suppressed. Personal-document technique.

Social Factors

The aspects of society that influence an individual's life choices, behaviors, and well-being, including family, culture, education, and economic conditions.

Human Nature

The intrinsic characteristics, behaviors, and motivations that are considered inherent in all human beings.

Unconscious

A part of the mind that contains thoughts, memories, and desires not directly accessible to awareness but that can influence behavior.