Tag (SQ): Value Chain

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Identifies finance department’s role in the value chain.

Where does the finance department sit in the value chain?

A Operations

B Service

C Firm infrastructure

D Procurement

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List value chain activities, explain their strategic importance, and identify primary activities for a publisher and an insurance company.

5 VALUE CHAIN

(a) List the primary activities and secondary activities in a value chain.

(b) Explain the significance of the value chain for business strategy.

(c) Identify the primary activities in the value chain for a publisher of educational text books.

(d) Identify the primary activities in the value chain for a company selling insurance policies (such as car insurance) by telephone.

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