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Porter Verses Shank Value Chain
Essay specific features
Written by:
Ronald S
Date added:
August 15, 2015
Level:
University
Grade:
B
No of pages / words:
2 / 535
Was viewed:
4415 times
Rating of current essay:
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...
displayed 300 characters
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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...
displayed 300 characters
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