Identifying the primary and secondary activities that comprise a company's value chain
A)indicates whether a company's resource strengths will ultimately translate into greater value for shareholders.
B)reveals whether a company's resource strengths are well-matched to the industry's key success factors.
C)is the first step in understanding a company's cost structure (since each activity in the value chain gives rise to costs).
D)is called benchmarking.
E)is called resource value analysis.

Question

Quizplus · Accepted Answer

Identifying the primary and secondary activities in a company's value chain helps in understanding the cost structure, as each activity incurs costs that contribute to the overall expenses of the company.

Identifying the Primary and Secondary Activities That Comprise a Company's