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Differentiate between value and margin. 7) Describe using an example, the primary activit

Differentiate between value and margin. 7) Describe using an example, the primary activit

Differentiate between value and margin.

7) Describe using an example, the primary activities in a value chain.

8) What is a value chain? List the primary activities in a value chain.

a. In-bound logistics-which deals with receiving, storing, and disseminating inputs to the product

b. Operations-which involves transforming inputs into the final product

c. Out-bound logistics-which deals with collecting, storing, and physically distributing the product to buyers

d. Marketing and sales-which involves inducing buyers to purchase the product and providing a means for them to do so

e. Customer service-which involves assisting customer's use of the product and thus maintaining and enhancing the product's value

Tripti 07-Dec-2019

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