What is the root concept of "value chain analysis"?
A) product uniqueness
B) value maximization
C) high quality standards
D) cost reduction
E) high performance standards

Question

Quizplus · Accepted Answer

The root concept of value chain analysis is value maximization, which involves identifying all activities in a company's value chain and analyzing how they can add value to the final product or service. This analysis can then help the company to optimize its operations and increase profitability by reducing costs, improving quality standards, and enhancing performance. While product uniqueness, high quality standards, cost reduction, and high performance standards are all important considerations in value chain analysis, they are not the primary focus or root concept of the framework.

What Is the Root Concept of "Value Chain Analysis