Explain value chain analysis according to porter, Operation Management

Assignment Help:

Explain value chain analysis according to Porter.

According to Porter’s value chain analysis:

Value chain analysis (VCA) is a position audit element which examines the internal and current position of an organisation. This is ideal element to examine holistically the operational procedures of an organisation. The wordings of Professor Michael Porter about the value chain analysis; an organisation gets inputs or resources through its environment and converts such to outputs for example, products or services. While doing so this achieves ‘added value’ through this process, creating profit or margin for the organisation. Value is the cause why customers select one rivals product over other, either since the product or service is lower into price or this offers certain features the customer is willing to pay additional for. Porter grouped the different business processes or activities of an organisation in what he termed as the value chain; that he divided the organisations activities in nine types, categorized as either primary or secondary activities.


Related Discussions:- Explain value chain analysis according to porter

Assignment, identify the evolution of the operation management?

identify the evolution of the operation management?

How to use the financial ratios presented, Which of the three warehouse clu...

Which of the three warehouse club rivals has been the strongest financial performer in recent years? Support your answer with calculations based on the data in case Exhibits 2,6, a

Compute the movement cost or load, Registration at Southern University has ...

Registration at Southern University has always been a time of emotions, commotions and lines. Students must move among 4 stations to complete the process. Last semester's registrat

Human Resource, 1. What in your view are the central human resources issues...

1. What in your view are the central human resources issues involved in this case?

Production and Operation Management, What do you understand by “line balanc...

What do you understand by “line balancing”? What happens if balance doesn’t exist?

Explain who was the first non royal to appear on a uk stamp, In 1964 who wa...

In 1964 who was the first non royal to appear on a UK stamp

Explain quality, Explain Quality. Quality: It is explained as fitness...

Explain Quality. Quality: It is explained as fitness of purpose. It is a relative term and is normally explained with reference to the end utilize of the product. For illustr

Explain mcdonald''s prospects of success against competitor, Choose at leas...

Choose at least one of McDonald's competitors and discuss its position relative to McDonald's. Comment on McDonald's prospects of success against this competitor.

Explain which of these costs are associated with quality, Identify signific...

Identify significant costs in the organization like Wal-Mart. Which of these costs are associated with quality? Remember, quality costs are not limited to manufacturing organizatio

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd