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An analysis of porters value chain

Title: An analysis of porters value chain
Category: /Business & Economy
Details: Words: 1309 | Pages: 5 (approximately 235 words/page)
An analysis of porters value chain
To analyse the specific activities through which firms can gain a competitive advantage, it is useful to model the firm as a chain of value creating activities. For this purpose, Porter identified a range of interrelated generic activities common to a wide range of firms. The resulting model is known as the value chain. According to Porter (1985), " Competitive Advantage arises out of the way firms organise and arrange discrete activities". Through using the Value Chain, …showed first 75 words of 1309 total…
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…showed last 75 words of 1309 total…be beneficial to outsource the activity to remain flexible and avoid the risk of investing in specialised assets. 4.<Tab/>Will outsourcing result in business process improvements e.g. reduced lead-time, reduced inventory, increased flexibility etc. Bank of Ireland have recently outsourced their I.T department to Hewlett Packard as they realised they did not have a competitive advantage in this area and it would be undertaken more efficiently by another company.

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