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Value Chain
It is the collection of activities within an organization that allows it to compete within an organization. The activities in a value chain can be grouped into two parts. The first is primary activities which include inbound logistics like materials handling; operations outbound logistics like distribution marketing and sales and after-sales service. The second is support activities that include human resources management, organization procurement, infrastructure, and technology development. Note that each of the primary activities involves its own support activities. By considering each activity within an organization in terms of the value chain, it is quite possible to isolate a potential source of competitive benefits.
Consider 2 firms i=1,2 producing quantities q1 and q2 respectively. Let the market price be given by P=a-b(q1+q2). Firm 1''s Marginal cost c is common knowledge but 2''s cost is no
Problem: i) What do you meant by the term ‘economic efficiency'? ii) By using appropriate examples differentiate between fixed and variable costs. iii) Consider different
assignment
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if sabela can afford 4 trousers and 4 pairs of shoes.she could also use her entire budget to buy 8 trousers and 2 pairs of shoes.if the price of a trouser is 500 birr,how much is s
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Production Function for Wheat * Farmers should choose between a capital intensive or labor intensive technique of production. Isoquant Describing Production of Wheat
Determine the profit maximizing price and quantity A firm has segmented its market into the following demand functions: P1 = 500 – 50Q P2 = 500 – 20Q with a cost fu
regression line drawn as Y=c+1075x, when x was 2 and y was 239, given that y intercept was 11. calculate the residual
#question.theories of cost
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