The process whereby a firm determines the costs associated with organizational activities from purchasing raw materials to manufacturing products to marketing those products is called
A) the Resource-Based Approach.
B) Value Chain Analysis.
C) Strategic Cost Analysis.
D) the Internal Factor Evaluation Matrix.
E) Cost-Benefit Analysis.

Question

Quizplus · Accepted Answer

Value Chain Analysis is the process of identifying and evaluating the costs associated with each step of a company's operations, from raw material acquisition to production and marketing.

The Process Whereby a Firm Determines the Costs Associated with Organizational