What is a value chain? List the primary activities in a value ...

[saliriagwu]

What is a value chain? List the primary activities in a value chain.
 
  What will be an ideal response?

Question 2

________ refers to the leasing of hardware with preinstalled operating systems.
 
  A) Software as a Service (SaaS)
  B) Outsourcing licensed software
  C) Platform as a Service (PaaS)
  D) IaaS cloud hosting

[heinisk01]

Answer to Question 1

A value chain is a network of value-creating activities. The generic value chain
developed by Porter consists of five primary activities and four support activities. Primary
activities are business functions that relate directly to the production of the organization's
products or services. The primary activities are:
a. Inbound logisticsdeals with receiving, storing, and disseminating inputs to the product.
b. Operationsinvolves transforming inputs into the final product.
c. Outbound logisticsdeals with collecting, storing, and physically distributing the product to
buyers.
d. Marketing and salesinvolves inducing buyers to purchase the product and providing a
means for them to do so.
e. Customer serviceinvolves assisting customer's use of the product and thus maintaining and
enhancing the product's value.

Answer to Question 2

C

[saliriagwu]

YES! Correct, THANKS for helping me on my review

[zacnyjessica]

Thanks for the timely response, appreciate it