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In: Operations Management

1. In this discussion question you will discuss the value chain. How do companies determine their...

1. In this discussion question you will discuss the value chain.

How do companies determine their value chain? At what point(s) does management define the value chain for a product/service? What benefit and importance does a value chain provide for decision making?

2. In this discussion question you will management assessment tools.

Cost-volume-profit may be one of the most valuable assessment tools available to management. Discuss why CVP is so important and provide a real life example you may have been involved in or find of interest as far as break-even for a product/service.

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