Which of the following is a primary activity in Porter's value chain Mcq?
According to Porter, competitive advantages come from the processes a company has, such as marketing. The five key (primary) activities that generate higher profits include inbound logistics, operations, outbound logistics, marketing and sales, and services.
Which of the following are primary activities in Porter's value chain? Operations and outbound logistics.
The correct answer is D) procurement.
The primary activities focus on developing products, distributing them and offering after-sale services on these products. Generally these activities include inbound and outbound activities, operations, marketing and sales and after-service activities.
Porter's Value Chain is a useful strategic management tool. It works by breaking an organization's activities down into strategically relevant pieces, so that you can see a fuller picture of the cost drivers and sources of differentiation, and then make changes appropriately.
The primary activities of the value chain include inbound logistics, operation outbound logistics, marketing and sales, and service. Secondary activities or the support activities include firm infrastructure, human resources management, and procurement.
The value chain framework is made up of five primary activities -- inbound operations, operations, outbound logistics, marketing and sales, service -- and four secondary activities -- procurement and purchasing, human resource management, technological development and company infrastructure.
Banking services is not a primary activity. It comes under tertiary activity. A bank is a financial institution that accepts deposits from the public and creates credits.
User distribution model is not an entertainment industry value chain model. Distribution model defines which applications in your distributed systems communicate with each other and which types of data are distributed.
Value Chain Analysis is a three-step process: Activity Analysis: First, you identify the activities you undertake to deliver your product or service. Value Analysis: Second, for each activity, you think through what you would do to add the greatest value for your customer.
