Value chain analysis aims to identify where low- cost advantages or disadvantages exist anywhere along the value chain from raw materials to customer service activities.

Question

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Value chain analysis is a tool used to identify opportunities for cost savings or value creation by examining each step in the production and delivery process, beginning with raw materials and ending with the customer. It is used to identify potential areas for improvement, such as low-cost advantages or disadvantages, that can help a company gain a competitive advantage.

Value Chain Analysis Aims to Identify Where Low- Cost Advantages