According to Porter's model,one should add cost to a business process if the change generates value greater than its cost.

Question

Quizplus · Accepted Answer

According to Porter's model of value chain analysis, a change or addition to a business process should be made if it generates a greater value than its cost. Therefore, it is true that cost should be added to a business process if the change generates a greater value.

According to Porter's Model,one Should Add Cost to a Business