Value Chain

  1. Explain the meaning of the term value chain and expound on the implications of value chain to the individual firms.
  2. Discuss how value chain analysis has been used by businesses and corporations to gain competitive advantage in the market.
  3. Illustrate the elements of value chain model as indicated by Michael Porter.
  4. Explain the governance of business under the following headings:


  • Leadership and direction
  • Managing and delivery quality
  • Marketing
  • Systems, strategies and long-term growth

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