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What is the function of the value chain? what is a core activity in the value...

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General Management

What is the function of the value chain?

what is a core activity in the value chain?

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In his 1985 book Competitive Advantage Creating and Sustaining Superior Performance author Michael Porter introduced the world to the concept of the Value chain The value chain is a series of activities designing to create value in a product greater than the cost of providing the product Following the value chain profits generate within a company There are five functions Porter described five functions within the value chain including Inbound logistics operations Outbound logistics marketing and sales and service When the five functions are    See Answer
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