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Essay

Value chain

Essay specific features

 

Issue:

Book Reports

 

Written by:

Vicky N

 

Date added:

August 1, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 582

 

Was viewed:

5464 times

 

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Essay content:

The "primary activities" include: inbound logistics, operations (production), outbound logistics, marketing and sales, and services (maintenance). The "support activities" include: administrative infrastructure management, human resource management, R&D, and procurement. The costs and value drivers are identified for each value activity...
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The costs and value drivers are identified for each value activity. The value chain framework quickly made its way to the forefront of management thought as a powerful analysis tool for strategic planning. Its ultimate goal is to maximize value creation while minimizing costs. The concept has been extended beyond individual organizations...
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