Problem: What is the point of the value chain model?
Group of answer choices
- A manager can use the value chain to assess what functions are non-essential to an organization
- A manager can use the tool to divide the firm into its various activities, and assess for the cost added (and contribution to increased Willingness to Pay)for each activity
- A manager can use the tool to evaluate if a resource is valuable to the firm
- A manager can use the tool to gage competitors' reactions