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About Value Chain: A Conceptual Framework
This document discusses the concept of value chain and provides a conceptual framework. It defines key terms like value and value chain. Michael Porter is identified as introducing the concept of value chain. The value chain represents a firm's value-adding activities and focuses on cost advantage and differentiation. A value chain analysis breaks down activities to assess potential for adding value. Strategies are then developed to focus on activities that enable competitive advantages and sustainable profits. The document also reviews literature on how internal and external forces have influenced value chain analysis over time.
Detailed Information
| Author: | ['Halo Alkana'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 4 |
| Language: | English |
| Format: | |
| Price: | FREE |
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