The Brand Value Chain A value chain is the whole series of activities that create and build value at every step Definition: A value chain is the whole series of activities that create and build value at every step. The total value delivered by the company is the sum total of the value built up all throughout the company. Michael Porter developed this concept in his 1980 book ’Competitive Advantage’. Description: The significance of the value chain: The value chain concept separates useful activities
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Fast Food Nation The first half of the book Fast Food Nation written by Eric Schlosser expresses the profound outcomes of fast food in America starting from its creation to today. Some of these examples include: more employment opportunities for teenagers‚ the creation of successful franchise owners‚ and a new revolutionary way to buy food. Schlosser talks about the major effect that fast food companies have made in the life of teenagers. According to Schlosser‚ “Teenagers have long provided the
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VALUE CHAIN MANAGEMENT AND THE CONSUMER PRODUCTS INDUSTRY CHAPTER 1 INTRODUCTION Background Value chain management applies to business-to-business commerce‚ but in today’s modern day market places‚ it is seen that consumers are not taken into consideration under three circumstances: when manufacturing a product‚ the service experienced at a retail store‚ or what values a consumer relates the product towards‚ and guarantee a return purchase. The business-to-business value chain management
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Introduction Value Chain Analysis describes the activities that take place in a business and relates them to an analysis of the competitive strength of the business. Influential work by Michael Porter suggested that the activities of a business could be grouped under two headings: (1) Primary Activities - those that are directly concerned with creating and delivering a product (e.g. component assembly); and (2) Support Activities‚ which whilst they are not directly involved in production
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VALUE CHAIN ANALYSIS Value Chain Analysis describes the activities that takes place within and around a business and relates it to the competitive strength of the business. According to Michael Porter who introduced the value chain analysis concept suggested that the activities which an organization carries out adds value to the services and products which it produces. In order for a business to gain competitive advantage‚ their activities should be directed at its optimal level efficiently so
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A “Perishable Food” chain Industry facing energy and distribution challenges Kunal Bajaj Indian Institute of Technology Kanpur Kunal Bajaj is M.B.A student at Indian Institute of Technology Kanpur 208016 India (e-mail: kbajaj@iitk.ac.in‚ (M-9198433257)). Specific Conference – Bangkok‚ 2013 Paper Category- Case studies Track-Business Abstract: - There have multiple warehouses (Distribution Centers) located in India and there exist common suppliers for each product. Also‚ these
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Principles of Economics Paper - The USA ’s Fast Food Industry Fast food restaurants represent one of the largest segments of the food industry with over 200‚000 restaurants and $120 billion in sales in the U.S. alone. Fast food restaurants‚ also known as quick service restaurants‚ are noted for their short food preparation time. Some of the largest players in this category include international giants like McDonald ’s and Yum! Brands‚ national chains such as Wendy ’s and Burger King and regional
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Value Chain Analysis By Ovidijus Jurevicius | 25.04.2013 Definition “Value chain analysis (VCA) is a process where a firm identifies its primary and support activities that add value to its final product and then analyze these activities to reduce costs or increase differentiation.” “Value chain represents the internal activities a firm engages in when transforming inputs into outputs.” Understanding the tool VCA is a strategy tool used to analyze internal firm activities. Its goal is to recognize
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most powerful brand in quick service restaurant industry in terms of market share and brand value. Committed in quality‚ service‚ cleanliness‚ and value‚ McDonald’s must deliver its product to consumers with consistency and efficiency. This report will explore how McDonald’s corporation maintains its operational excellence through support from integration of sophisticated technologies. It suggests that to be able to apply technology in organization‚ value chain process must be defined and by then
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Speech Fast Food Persuasive Policy Speech COMM 111 April 20th 2011 Topic: Fast food should not be served in schools. Specific purpose statement: Lunches served in schools should be improved. Introduction. I. Attention getter: 20.1% as of the year 2010. 5 to 10 is the number of meals a child eats at school. The percentage of obese children in the US. The number is 4 times higher than 1970s. If you have been to elementary‚ middle or high school‚ at some time‚ you have been exposed
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