_____ analysis separates a firm into its various activities to better understand total costs in the system and potential sources of firm differentiation.
A) SWOT
B) Value chain
C) Stakeholder
D) Trend

Question

Quizplus · Accepted Answer

Value chain analysis is used to break down a company's activities into its primary and support activities. This helps to identify potential opportunities for cost savings, process improvements, and differentiation from competitors. SWOT analysis is a technique used to analyze a company's internal and external environment to identify strengths, weaknesses, opportunities, and threats. Stakeholder analysis focuses on identifying and prioritizing the needs and interests of different stakeholders, while trend analysis looks at data over time to identify patterns and potential opportunities or threats.

_____ Analysis Separates a Firm into Its Various Activities to Better