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Fierce competition has motivated management to invite supply chain managers in dicussion on product/project incpeption to final delivery as opposed to conventional structure where supply chain executive were seen as part of operation or manufacuring process.
Creating or adding value at the each step of the business process, it starts from the idea or design ( intellectual activity) to the customer service or any product or service, i.e., delivering the idea into a materialized form.
Yes it is true
a true
True - main function of vaule chain is to add value to all activites
True........
the value chain is based on the process view of organizations, the idea of seeing a manufacturing (or service) organisation as a system, made up of subsystems each with inputs, transformation processes and outputs. Inputs, transformation processes, and outputs involve the acquisition and consumption of resources - money, labour, materials, equipment, buildings, land, administration and management. How value chain activities are carried out determines costs and affects profits.
its true
Yes Value chain include these along with others. ultimate aim of this to provide better or competitive product than market. Every thing which can help in product improvement or reduction of cost for greater value.
First half is true.. these are primary activities.. while there are also some secondary activities
Firm infrastucture,HRM,procurment,technological development
