What are the steps of performing a soft value chain analysis?
What are the steps of performing a soft value chain analysis?
Homework Answers
Value Chain Analysis is a three-step process:
- Activity Analysis: First, you recognise the actions you offer to give your product or service.
- Value Analysis: Second, for all action, you think through what you would do to add the largest benefit for your consumer.
- Evaluation and Planning: Thirdly, you assess whether it is worth making changes, and then plan for action.
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