A company's value chain identifies
A)the steps it goes through to convert its net income into value for shareholders.
B)the primary activities that create value for customers and related support activities.
C)the series of steps it takes to get a product from a raw materials stage to a finished product.
D)the activities it performs in transforming its competencies into distinctive competencies.
E)the competencies and competitive capabilities that underpin its efforts to create value for customers and shareholders.

Question

Quizplus · Accepted Answer

A company's value chain is a model that identifies the primary activities that create value for customers and the related support activities. It includes activities such as inbound logistics, operations, marketing and sales, and after-sales service. This model helps companies to understand their internal processes and identify areas where they can create more value for customers and shareholders.

A Company's Value Chain Identifies