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Question 2 (16 Marks) Part A: (6 marks - 1 mark each Value Chain component) Explain in your own words the components of Value Chain

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Question 2 (16 Marks) Part A: (6 marks - 1 mark each Value Chain component) Explain in your own words the components of Value Chain functions (as discussed in textbook chapter 1) and the significance of an effective Value Chain for a business organization. Explain your response with reference to the Value Chain functions at an Australian business organization (NOT MORE THAN 300 WORDS). Part B: (10 marks - 6 for 'i' and 4 for 'ii') i. Do a critical analysis, in your own words, of the Value Chain functions of Woolworths Supermarket Australia and Coles Supermarket Australia (ABOUT 50 words each). ii. Which of the two businesses' Value Chain you would regard as the most effective? Explain your reasons in the light of your learning from the unit's textbook chapter 1 (NOT MORE THAN 50 WORDS)

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