The concept of the value chain was developed by
A) Milton Friedman.
B) Peter Drucker.
C) Alfred Chandler.
D) Tom Peters.
E) Michael Porter.

Question

Quizplus · Accepted Answer

The concept of the value chain was developed by Michael Porter, a renowned business strategist and Harvard Business School professor in his book "Competitive Advantage: Creating and Sustaining Superior Performance." The book describes how a company's value is created and how it can be enhanced by analyzing and optimizing the various activities in the value chain.

The Concept of the Value Chain Was Developed by