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[DOC File]Generic Strategy: Types of Competitive Advantage
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An organization’s value chain can be connected with the value chains of its customers, suppliers, and distributors. The linking of these separate value chains creates a larger system known as a supply chain. ... Michael Porter suggests that there are two basic business strategies companies can follow—either a product-differentiation ...
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[DOC File]Competitive Advantage
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A. Michael Porter—successful strategies define how a company plans to achieve a distinctive, unique position that draws customers from competitors and attracts new customers. ... Value chain/Value network positioning—determines the role an organization plays/activities it performs with an extended network of suppliers, producers ...
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[DOC File]Value chain of Fish and Fishery products: Origin ...
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value chain. In his 1985 book Competitive Advantage, Michael Porter introduced a generic value chain model that comprises a sequence of activities found to be common to a wide range of firms. Porter identified primary and support activities as shown in the following diagram: Porter's Generic Value Chain
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Porter's Value Chain Analysis by Michael Porter | ToolsHero
Michael Porter (1985) introduced in his book ‘ The Competitive Advantage’ the concept of the Value Chain and book highlighted that the activities within the organisation add value to the service and products that the organisation produces, and all these activities should be run at optimum level if the organisation is to gain any real ...
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[DOC File]CHAPTER 1
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Mar 11, 2010 · The term “Value Chain” was coined by Michael Porter in 1985. The value chain is a chain of activities through which product passes. At each activity, value is added. The value adding activities are called “Primary Activities”. Primary activities include – inbound logistics, outbound logistics, production, sales and maintenance.
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[DOC File]JustAnswer
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Michael Porter suggested that the organization is split into “primary activities” and “support activities”. Figure 3: Concept of value chain. Source: Porter (1985) Primary activities. Inbound logistics: Refers to goods being obtained from the organizations suppliers ready to be used for producing the end product.
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[DOC File]The Value Chain
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With the idea of activity mapping, Porter (1996) builds on his ideas of generic strategy and the value chain to describe strategy implementation in more detail. Competitive advantage requires that the firm's value chain be managed as a system rather than a collection of separate parts.
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[DOC File]Value chain of Fish and Fishery products: Origin ...
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The Value Chain. To analyze the specific activities through which firms can create a competitive advantage, it is useful to model the firm as a chain of value-creating activities. Michael Porter identified a set of interrelated generic activities common to a wide range of firms. The resulting model is known as the . value chain. and is depicted ...
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Value chain by michael porter