Porter Verses Shank Value Chain

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Issue:

Business

 

Written by:

Ronald S

 

Date added:

August 15, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

2 / 535

 

Was viewed:

4149 times

 

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Essay content:

14). Shank (p. 27) utilized Strategic Cost Management (SCM) verses the Management Cost Paradigm (MAP), which is more in line with Porter’s mentality, to show how value addition is determined (Shank, p. 27) by addressing the costs involved. The SCM paradigm addresses strategy as a matter of addressing the value chain overall...
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27) by addressing the costs involved. The SCM paradigm addresses strategy as a matter of addressing the value chain overall. Strategy (in Shank’s model), in observing the overall value chain elements and their interaction internally and externally, is molded by the firm itself as wells as the competition, suppliers and customers needs, wants and perceptions as well as costs...
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