Which of the following types of organizations can most benefit from value chain analysis?
A)Service firms.
B)Not-for-profit organizations.
C)Manufacturing firms.
D)All types of organizations can benefit from value chain analysis.

Question

Quizplus · Accepted Answer

Value chain analysis is a strategic tool used to analyze internal firm activities. Its goal is to recognize, which activities are the most valuable (i.e., are the source of cost or differentiation advantage) to the firm and which ones could be improved to provide competitive advantage. Thus, it applies to all types of organizations seeking to understand their operations better, improve efficiency, and provide greater value to their customers or stakeholders.

Which of the Following Types of Organizations Can Most Benefit