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slamgirl [31]
2 years ago
9

A small change in a firm's targeted markets or strategic direction usually has little impact on the value chain.

Business
1 answer:
Katen [24]2 years ago
4 0

A small change in a firm's targeted markets or strategic direction usually has little impact on the value chain. The assertion is untrue.

What Is a Value Chain?

A value chain is a business model that outlines all the steps involved in producing a good or service. A value chain for businesses that manufacture things includes all of the processes involved in taking a product from conception to distribution, as well as everything that happens in between, such as sourcing raw materials, performing manufacturing tasks, and engaging in marketing activities.

A company conducts a value-chain analysis by reviewing the particular procedures involved in each step of its business. A value-chain analysis' goal is to boost production efficiency so that a business can provide the most value for the least amount of money.

to know more about value chain

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