More and more companies are using VCA to gain and sustain competitive advantage by being especially efficient and effective along various parts of the value chain.

Question

Quizplus · Accepted Answer

This statement is true. Many companies have adopted VCA (Value Chain Analysis) as a strategic tool to improve their competitiveness by identifying areas where they can be more efficient and effective along the various parts of the value chain. This helps in optimizing costs, enhancing quality, and improving customer satisfaction, thereby leading to a sustainable competitive advantage.

More and More Companies Are Using VCA to Gain and Sustain