Final answer:
Operational subprocesses in the value chain are the detailed activities that constitute the larger primary and support activities. They are crucial for optimizing company operations and achieving strategic goals.
Step-by-step explanation:
The definition of operational subprocesses in the value chain refers to the specific activities and tasks that are performed within each primary and support activity in the value chain. A value chain outlines all the activities that a business participates in to produce a product or service, and operational subprocesses are the detailed, granular tasks that contribute to these higher-level activities. For instance, in the case of manufacturing, an operational subprocess could be the actual assembly of products on a factory floor, which comes under the primary activity of operations.
Operational subprocesses are critical because they can provide insights into how efficiently and effectively a company is running its operations. By analyzing and optimizing these subprocesses, organizations can improve quality, reduce costs, increase throughput, and achieve a competitive advantage. Essentially, operational subprocesses are the building blocks that are necessary to carry out the strategy and goals of the company as depicted by the value chain framework.