26 May DISCUSSION 1 OF 2 Competitive Advantage and the Value Chain
Question
DISCUSSION 1 OF 2 |
Competitive Advantage and the Value Chain
Write a 350-500 word response (formatted to APA style and including references and citations).
Address the following questions:
- Is the concept of a value chain intrinsic to all businesses and if not, why not?
- How does a Value Chain assist in creating competitive advantage?
- Can competitive advantage be achieved without a value chain?
In your reply also discuss the meaning of the comments made by Lu and Hung (2010) in their article in the Unit 3 readings i.e.” the competiveness of the individual firm depends upon the competitiveness of the value chain to which it belongs” (p. 1155).
- Is this statement valid, and is cost reduction the only purpose of a value chain?
Apply and cite at least three relevant and respected resources [one of the applied and cited references should be the Lu and Hung (2010) article] within the response and list the references at the end of the response. Use APA formatting.
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