The initial step in value chain analysis is to:
A) Allocate costs to different activities within the value chain
B) Identify the firm's strengths and weaknesses
C) Divide a company's operations into specific activities or processes
D) Identify the firm's key resources and capabilities

Question

Quizplus · Accepted Answer

The initial step in value chain analysis is to divide a company's operations into specific activities or processes. This helps to identify the primary activities that add value to the product or service and the support activities that are required to make those primary activities possible. Once the activities are identified, costs can be allocated, strengths and weaknesses can be determined, and key resources and capabilities can be identified.

The Initial Step in Value Chain Analysis Is To