The initial step to implementing value chain analysis is
A) attaching a cost to each discrete activity.
B) establishing costs in terms of time.
C) establishing costs in terms of money.
D) converting the cost data into information by looking for competitive cost strengths and weaknesses.
E) dividing a firm's operations into specific activities or business processes.

Question

Quizplus · Accepted Answer

The initial step in value chain analysis is to divide a firm's operations into specific activities or business processes to understand how each contributes to the firm's competitive advantage.

The Initial Step to Implementing Value Chain Analysis Is