Essentials of MIS Study Set 2
Quiz 3: Achieving Competitive Advantage With Information Systems
In the Value Chain Model, Primary Activities Are Those That
In the value chain model, primary activities are those that are most directly related to the production and distribution of the firm's products and services.
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The value chain model classifies all company activities as either primary or support.
When the output of some units can be used as inputs to other units, synergies develop, which can lower cost and generate profits.
The law of diminishing returns does not apply to traditional products.
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