The Value Chain in my Life The value chain is a set of processes that create value and can be used not only in the business environment but also in my personal life. When the value chain can help create competitive advantage and improve my performance on the job‚ parenting‚ or when I am purchasing or providing a service. The key to any significant value chain is recognizing value added steps and by using continuous process improvement to streamline the value chain. In my current career‚ I am gaining
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HIGHER NATIONAL DIPLOMA ------------------------------------------------- Assignment STUDENT NAME | : | | EDEXCEL REGISTRATION NO. | : | | PROGRAMME | : | HND | SEMESTER | : | 04 | UNIT NO./TITLE | : | 13 / Managing Activities | ASSIGNMENT NO. | : | 01 of 04 | ASSIGNMENT TITLE | : | Managing Activities | UNIT OUTCOMES COVERED | : | | P13.1Explain how processes and functions inter-relate in the organisational structure P13.2Plan work activities to meet the objectives of
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Value Chain Analysis and Methodology top The internal value chain of an online learning institution consists of all physically and technologically distinct activities within the institution that add value to the learner’s experience. The key to analyzing the value chain is understanding the activities within the institution that create a competitive advantage‚ and then managing those activities better than other institutions in the industry. Porter (1985) suggested that the activities of a business
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IKEA Value-Chain Analysis Posted on July 28‚ 2012 by John Dudovskiy “Each step in the manufacture of a product or the delivery of a service can be thought of as a link in a chain that adds value to the product or service. This concept of a how business fulfils its mission and objectives is known as the value chain” (Needles et al‚ 2007‚ p.836) The concept of Value-Chain analysis is introduced by Michael Porter (1985)‚ who divides activities of the firm into two categories: primary activities and
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Subway-Porter Value Chain Introduction: SUBWAY was started 47 years ago in the year of 1965 by Fred Deluca. Subway is the market leader in the sub and sandwich shops offering a healthier alternative to traditional fast foods. Subway’s annual sales exceeded $ 6.3 billion‚ while countless awards and accolades have been bestowed its chain over the past 47 years. Subway has more than 33‚500 units worldwide whilst its rapid growth has attracted many investments and brought it many competitors
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Starbucks’ value chain system‚ in the beginning‚ created additional value on its products‚ which the customers are willing to pay for. Hence‚ the firm is not reluctant to charge above-market prices for its products. In fact‚ its customers are not looking for the prices of the coffee but they are seeking for the quality of the products and brand image that the company offers. Let us then examine the Starbucks value chain and how it contributed to the company’s current downfall. In the Starbucks
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a. Where in the value chain is the organisation creating value for their customers? Primary: Value chain activity Yes/No How does The Body Shop create value for the customer? Inbound Logistics No Not imperative to creating value to the customer. Operations Yes Operations and technological development are covered in the The Body Shops stance on animal testing (one of their values). Testing comes under operations and technological development as they have had to think of innovative ways to test
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Hetter‚ CNN Link to the article: http://www.cnn.com/2013/09/12/travel/carnival-cruises-guarantee/index.html?hpt=hp_bn10 Article Text: (CNN) -- Worried about booking a Carnival Cruise Lines vacation? Problems aboard the Carnival Legend‚ Carnival Dream‚ Carnival Triumph and Carnival Splendor cruise ships may have some first-time cruise customers thinking twice about booking a Carnival brand cruise. Maybe Carnival’s "Great Vacation Guarantee‚" announced Thursday‚ will calm those potential
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Airline industry value chain Inbound logistics Primary activites Stock control airlines must store and handle fuel‚ food‚ and drinks. Stock is managed to ensure reductions in stock turnover‚ thus reducing costs and wastage. Route selection airlines must choose their flight routes. These will be selected upon desired routes‚ and deals negotiated with the airports. Airports are selected for their prime location‚ to allow consumers to get to their desired location. This then entails the
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Case Carnival Cruise Lines Mission statement of Carnival cruises Mission statement is a statement of the purpose of a company‚ organization or person‚ its reason for existing. (http://en.wikipedia.org/wiki/Mission_statement) The Mission of Carnaval cruise line: Our mission is to deliver exceptional vacation experiences through the world’s best-known cruise brands that cater to a variety of different lifestyles and budgets‚ all at an outstanding value unrivaled on land or at sea." Vission statement
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