Which of the following can an organization use to evaluate the effectiveness of its business processes?
A) Porter's Five Forces Model
B) Three generic strategies
C) Value chain
D) First-mover advantage strategy

Question

Quizplus · Accepted Answer

The value chain is a framework that helps organizations evaluate their business processes by analyzing the sequence of activities required to bring a product or service to market. It can identify areas of inefficiency, opportunities for cost savings, and ways to improve overall business performance. The other options listed (Porter's Five Forces, generic strategies, first-mover advantage) are strategic frameworks for analyzing competitive advantage and market positioning, but they do not specifically address the evaluation of business processes.

Which of the Following Can an Organization Use to Evaluate