Management and Organizational Studies 4410A/B Study Guide - Midterm Guide: Asset Management, Delivery (Commerce), Swot Analysis
22 Apr 2016
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3: analyzing the internal environment of the firm. Vca views the organization as a sequential process of value-creating activities. Based on notion that a firm engages in a series of activities which combine the various necessary inputs to create the product offering that the firm brings to the marketplace. Vca provides the foundation for understanding the building blocks of competitive advantage. Value is the amount that the buyers are willing to pay for what a firm provides them can be measured by total revenue. Profit margin value firm receives exceeds the total costs involved in the creating its product or service. How the primary and support activities of a given firm are configured and deployed will often depend on industry conditions and the extent to which the company is service oriented or manufacturing oriented. Inbound logistics: associated with receiving, storing, and distributing inputs to the product, include: material handling, warehousing, inventory control, vehicle scheduling, and returns to suppliers, eg.
