Question

Select a specific industry in Malaysia, explain the value chain concepts and how to leverage value chain for competitive advantage with real and relevant examples. (An appropriate diagram could be applied to enhance clarity of your answer

Answer 1

Value chain Analyses.. Firms Employ value chain Analysis to identity and evaluate the competitive potentia esources and capabilities. By studying the skills relative to those associated with primary and support activities firms are able to understand their cost structure and identity their activities through which they can create value understand * which TO a better from the activities through competitive advantage develops a and creates share holder value it is usef Seperate the business system ponto generating activities referred chain. a to series of as the value - e- value * In his 1985 book competitive advantage porter introduced a generic value chain that comprises a sequence of activities to be common to a wide range of michael model found

Answer:. Michael porter's five forces model and value chain Analys Michael model that found to poster introduced a generic value chain comprises a sequence of activibes be common to a wide range of firms. poster identified primary and shown in the following support activities diagram - as Poster Generic value chain of Inbound rogistics operations outbound logistics marketing sales and servica

Show toplatio h rus naturals and y are Halstation being y to morfacturing thals |- 19 • licy peiched . || products (14 MA and | 111 11 vấn | gorrices and Mohibution Outhound to gistics. The warehousing la finished goods. unbonor marketing and sales. The identification of reeds and the generation of sales. sevice: peoducts The and support of series customers after the are sold to them, & The value chain model is a useful analysis tool for defining a fiom's core compelenius and activities in which it can pursue a competitive advantage

* A firm develops a cost advantage by controlling these drivers better than do the competiton. * A cost advantage also can be pursued by reconfiguring the value chain. Reconfiguration means structural changes such a new production, process , new distribution channels, or a different Sales approach Ex: FedEx Stencturally redefined Express freight Service by acquiring its own planes and implementing a hub & spoke system. Differentiation & Information system strategically allows you to define the organization in a way that makes the business stand out from the competition with a unique design that makes the business appealing to do business with you can easily increase your customer base. It focuses on those activities assocated with I core competencies and capabilities in order to prefpon them better than the competitors