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Essay

Value Chain Analysis

Essay specific features

 

Issue:

Business

 

Written by:

Jorge P

 

Date added:

March 9, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

5 / 1170

 

Was viewed:

7994 times

 

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Essay content:

In order to asses whether the organization is failing to realize optimum resource allocation, the organization should look at the methodology first popularized by Michael Porter titled the Value Chain Analysis (VCA). "VCA seeks to define the entire chain through which goods are supplied to a customer" (Booth, 1997, 2)...
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The VCA can be a powerful tool in increasing an organization's competitive advantage; by correctly pricing products and assessing the true costs of materials and labor, organizations can align the improvements in efficiency, quality, and profits with its strategic objectives. Before explaining the advantages that a value chain can offer, it is important to first identify the value chain itself...
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