Question

In: Finance

According to Michael Porter, the primary activities in a value chain include all except: 1) Sourcing...

According to Michael Porter, the primary activities in a value chain include all except:

1) Sourcing & Procurement

2) Inbound Logistics

3) Operationss

4) Financial Management

5) Outbound Logistics

Solutions

Expert Solution

According to Michael Porter, the primary activities in a value chain include all except:

Answer:          1) Sourcing & Procurement

4) Financial Management

Expiation:

As per the value chain analysis, primary activities are those activities which are directly involved in transforming of inputs (i.e. Raw material) into outputs (i.e. finished product).

Primary Activities as per value chain analysis are;

1) Inbound Logistics

2) Operations

3) Outbound Logistics

4) Marketing & Sales

5) Service


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