Value chain analysis can enable a firm to better identify its own strengths and weaknesses especially as compared to competitors' value chain analyses.

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Value chain analysis can help a firm to identify its own strengths and weaknesses by analyzing the various activities and processes involved in creating and delivering a product or service. By comparing its value chain analysis with that of competitors, the firm can gain insights into where it is performing well and where it needs to improve in order to achieve a competitive advantage.

Value Chain Analysis Can Enable a Firm to Better Identify