The value chain model is probably the dominant model for operations managers.

Question

Quizplus · Accepted Answer

The value chain model, introduced by Michael Porter in 1985, is one of the most widely used frameworks in operations management. It helps businesses understand the series of activities that are involved in transforming inputs into outputs and creating value for customers. Therefore, the statement that the value chain model is probably the dominant model for operations managers is true.

The Value Chain Model Is Probably the Dominant Model for Operations