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the model for this question is rivian the electric vehicle company-- please answer asap guarantee thumbs up value chain A perpective in which term value
the model for this question is rivian the electric vehicle company-- please answer asap guarantee thumbs up
value chain A perpective in which term value chain describes a way of looking at a business as a chain of activities that A perspective in which transform inputs into outputs that customers value. Customer value derives from three basic chasin of activities that sources: activities that differentiate the product, activities that lower its cost, and activities transforms inputs into that meet the customer's need quickly. Value chain analysis (VCA) attempts to understand oupputs that customers how a business creates customer value by examining the contributions of different activities value. Within the business to that value. value chain analysis business takes a process point of view: It divides (sometimes called disaggregates) the An analysis that atIemps to understand firm receives and finishing with the firm's products (or services) and after-sales service performs to determine where lo look at its costs across the series of activities the business camining the contribu. performs to determine where low-cost advantages or cost disadvantages exist. It looks at the tons of different activi- attributes of each of these different activities to determine in what ways each activity that ties within the business occurs between purchasing inputs and after-sales serfice helps differentiate the company's to that value. products and services. Proponents of VCA believe it allows managers to better identify their firm's competitive advantages by looking at the business as a process-a chain of EXHIBIT 6.3 The Value Chain Somece: Thased on Michsel pones on Clewyewinim. 190k. Hatvart Hesieces School Pree Primary Activities - In bound logistics-Activities, costs, and assets associated with obtaining fuel, efing raw materials, parts components, merchandise, and consumable items from venchis receiving, storing, and dsseminating inputs from suppliers; inspection; and ifvetitori - Opanagement. product form (production, assembly, packaging, equipment maintenance, facilitice, of erations, quality assurance, environmental protection). - Outbound logistics-Activities, costs, and assets dealing with physically distribuifing the product to buyers (finiahed goods warehousing, order processing, order picking its packing, shipping, delivery vehicle operations) - Marketing and sales-Activities, costs, and assets related to sales force efforts, af vertising and promotion, social med a/community, market research and planning, ard dealet/distributor support. - Service-Activities, costs, and assets associated with providing assistance to byjara such as installation, spare parts delivery, maintenance and repair, technical assistante buyer inquiries, and complaints. Support Activities - General administration-Activites, costs, and assets relating to general managemest accounting and finance, legal and regulatory affairs, safety and security, managetien information system5, social media strategy, and other "overhead" functions. - Human resources management-Activites, costs, and assets associated with the a cruitment, hiring, training, development, and compensation of all types of personte, labor relations activities; development of knowledge-based skills. - Research, technology, and systems development-Activities, costs, and assets te lating to product R8D, process R\&D, process design improvement, equipment desip computer software development, telecommunications systems, computer-assisted te sign and engineering, social media and community-building technologies, new daz base capabilities, and development of computerized support systems. - Procurement-Activities, costs, and assets associated with purchasing and providich raw materials, supplies, services, and outsourcing necessary to support the firm and a activities: Sometimes this activity is assigned as part of a firm's inbound logistic purcat ing activities. primary activities The activities in a firm of those involved in the physical creation of the activities-of what actually happens in the business rather than simply looking at is hesi product, marketing and on arbitrary organizational dividing lines or historical accounting protocol. transfer to the beyer. Exhibit 6.3 shows a typical value chain framework. It divides activities within the tir and after-sale support. into two broad categories: primary activities and support activities. Primary activite value chain A perpective in which term value chain describes a way of looking at a business as a chain of activities that A perspective in which transform inputs into outputs that customers value. Customer value derives from three basic chasin of activities that sources: activities that differentiate the product, activities that lower its cost, and activities transforms inputs into that meet the customer's need quickly. Value chain analysis (VCA) attempts to understand oupputs that customers how a business creates customer value by examining the contributions of different activities value. Within the business to that value. value chain analysis business takes a process point of view: It divides (sometimes called disaggregates) the An analysis that atIemps to understand firm receives and finishing with the firm's products (or services) and after-sales service performs to determine where lo look at its costs across the series of activities the business camining the contribu. performs to determine where low-cost advantages or cost disadvantages exist. It looks at the tons of different activi- attributes of each of these different activities to determine in what ways each activity that ties within the business occurs between purchasing inputs and after-sales serfice helps differentiate the company's to that value. products and services. Proponents of VCA believe it allows managers to better identify their firm's competitive advantages by looking at the business as a process-a chain of EXHIBIT 6.3 The Value Chain Somece: Thased on Michsel pones on Clewyewinim. 190k. Hatvart Hesieces School Pree Primary Activities - In bound logistics-Activities, costs, and assets associated with obtaining fuel, efing raw materials, parts components, merchandise, and consumable items from venchis receiving, storing, and dsseminating inputs from suppliers; inspection; and ifvetitori - Opanagement. product form (production, assembly, packaging, equipment maintenance, facilitice, of erations, quality assurance, environmental protection). - Outbound logistics-Activities, costs, and assets dealing with physically distribuifing the product to buyers (finiahed goods warehousing, order processing, order picking its packing, shipping, delivery vehicle operations) - Marketing and sales-Activities, costs, and assets related to sales force efforts, af vertising and promotion, social med a/community, market research and planning, ard dealet/distributor support. - Service-Activities, costs, and assets associated with providing assistance to byjara such as installation, spare parts delivery, maintenance and repair, technical assistante buyer inquiries, and complaints. Support Activities - General administration-Activites, costs, and assets relating to general managemest accounting and finance, legal and regulatory affairs, safety and security, managetien information system5, social media strategy, and other "overhead" functions. - Human resources management-Activites, costs, and assets associated with the a cruitment, hiring, training, development, and compensation of all types of personte, labor relations activities; development of knowledge-based skills. - Research, technology, and systems development-Activities, costs, and assets te lating to product R8D, process R\&D, process design improvement, equipment desip computer software development, telecommunications systems, computer-assisted te sign and engineering, social media and community-building technologies, new daz base capabilities, and development of computerized support systems. - Procurement-Activities, costs, and assets associated with purchasing and providich raw materials, supplies, services, and outsourcing necessary to support the firm and a activities: Sometimes this activity is assigned as part of a firm's inbound logistic purcat ing activities. primary activities The activities in a firm of those involved in the physical creation of the activities-of what actually happens in the business rather than simply looking at is hesi product, marketing and on arbitrary organizational dividing lines or historical accounting protocol. transfer to the beyer. Exhibit 6.3 shows a typical value chain framework. It divides activities within the tir and after-sale support. into two broad categories: primary activities and support activities. Primary activite Step by Step Solution
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