What is a systematic approach to assessing and improving the value of business processes within your organization to further increase its competitive strengths?
A)RGT
B)Top line strategic planning
C)Value-chain analysis
D)Emergent thinking

Question

Quizplus · Accepted Answer

Value-chain analysis is a systematic approach that involves identifying all the activities within an organization, analyzing their value contribution, and optimizing them to increase efficiency, reduce costs, and ultimately gain a competitive advantage. This approach helps organizations to understand how each activity contributes to the value of the final product or service and identify areas where improvements can be made. It allows organizations to focus on identifying opportunities for adding value, reducing costs, and improving overall performance.

What Is a Systematic Approach to Assessing and Improving the Value