Value Chain Definition
The Value Chain is a management approach for analysing the activities of a firm and how it can gain competitive advantage (Porter, 1985). The value chain, comprising primary and support activities, includes the full range of activities required to bring a product or service from conception through to the different phases of production, delivery to the final consumer, and disposal after use (Kaplinsky and Morris, 2001).
Value Chain Description *
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Value Chain References (4 of up to 20) *
- Anderson, J. and Narus, J. (1995) Capturing the Value of Supplementary Services. Harvard Business Review, January-February, pp. 75-83.
- Barney, J.B. (1991) Firm Resources and Sustained Competitive Advantage. Journal of Management, Vol. 17(1), pp. 99-120.
- Besanko, D., Dranov, D. and Shanley, M. (2000) Economics of Strategy. John Wiley and Sons, New York.
- Donelan, J.G. and Kaplan, E.A. (1988) Value Chain Analysis: A Strategic Approach to Cost Management. Journal of Cost Management, March/April, pp. 7-15.
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