Your management team is considering using Porter's Value Chain to assist it in developing a new competitive...

CIMA E3 Question Answer

Your management team is considering using Porter's Value Chain to assist it in developing a new competitive strategy for the business.

Which THREE of the following statements would inform your management team about Porter's Value Chain?

It can help understanding of the linkages between business activities.

It can help identify the processes that add customer value.

It can help identify the processes that add costs.

It can help assess competitive pressures in the market.

It can easily import data from existing management accounts.

E3 PDF/Engine

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