Page 52 - BA1 Integrated Workbook STUDENT 2018
P. 52

Chapter 5




                           Porter’s Value Chain model





               3.1  The value chain


               This model helps to identify all of the activities within an organisation, as well as
               helping to identify which of these activities give competitive advantage.



                                              Firm infrastructure
          Support activities             Human resource management
                                           Technology development










                                                  Procurement                                               Margin



                 Inbound                            Outbound          Marketing
                                  Operations                                            Service
                 logistics                           logistics        and sales





                                          Primary activities


               Strategies can then be designed to:


                    improve the efficiency and reduce the costs of non-value-adding activities

                    enhance and develop value-adding activities.

















               44
   47   48   49   50   51   52   53   54   55   56   57