To use the value chain to identify only where the major costs are:
A)Is inadvisable, since this ignores whether the costs contribute to value or not
B)Would save a lot of time, and make the tool more useful
C)Is no more nor less than it's designed to do
D)Would identify which managers are wasting money

Question

Quizplus · Accepted Answer

Using the value chain to only identify major costs, without considering their contribution to value, may lead to cutting costs in areas that are actually adding value to the final product or service. It is important to analyze the entire value chain to understand where costs can be reduced without sacrificing value.

To Use the Value Chain to Identify Only Where the Major