Asked by
Denis Zukic
on Oct 18, 2024
Verified
The value chain emphasizes the close relationship between all the functional strategies within a company.
Value Chain
A value chain outlines the full range of activities required to bring a product or service from conception through to delivery and beyond, highlighting where value is added at each step.
Functional Strategies
Detailed plans laid out for each department or function within an organization, supporting the overall business strategy.
- Recognize the relationship between all functional strategies within a company to achieve strategic fit.
Verified Answer
ZC
Learning Objectives
- Recognize the relationship between all functional strategies within a company to achieve strategic fit.
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