Value chain analysis is a tool used to:
A) analyze a firm's external environment.
B) concentrate on a firm's internal environment without exercising a concern about the actions of those companies with which the firm competes.
C) understand the parts of the firm's organization that create value and those that do not.
D) determine how long an opportunity in a firm's external environment can be expected to last.

Question

Quizplus · Accepted Answer

Value chain analysis is a tool used to understand the parts of a firm's organization that create value and those that do not. It involves breaking down a firm's activities into primary activities and support activities in order to identify areas where value is added and potential sources of competitive advantage.

Value Chain Analysis Is a Tool Used To