The "structure of activities" that a firm uses to implement its business level strategy is known as
A) the cost of goods sole
B) the resource portfolio
C) the benchmarking plan
D) the value chain

Question

Quizplus · Accepted Answer

The "structure of activities" that a firm uses to implement its business level strategy is known as the value chain. The value chain consists of a series of activities that a firm undertakes to create and deliver a valuable product or service to its customers. It includes activities such as inbound logistics, operations, outbound logistics, marketing and sales, and service. By analyzing the value chain, a firm can identify areas where it can create value and reduce costs, thereby implementing its business level strategy.

The "Structure of Activities" That a Firm Uses to Implement