Question

________ is the process of analyzing an organization's activities to determine where value is added to products and/or services and what costs are incurred for doing so. Select one: a. Value networking b. Value chain analysis c. Value migration d. Value shop e. Value grid trial

Answer 1

The correct option is: b. Value chain analysis

Step-by-step explanation:

Value chain refers to the group of activities performed by a company or a firm in order to deliver or provide valuable goods and services to the market.

The value chain analysis is the strategy tool that is used for analyzing and identifying the valuable activities of the firm and evaluating how these activities adds value to the products and the costs involved.