Question

According to Management Information Systems,( Essentials of MIS 12th edition)

1. Value chain analysis is useful at the business level to highlight specific activities in the business where information systems are most likely to have a strategic impact. Discuss this model, identify the activities, and describe how the model can be applied to the concept of information technology.

Answer 1

Value chain analysis is useful at the business level to highlight specific activities in the business where information systems are most likely to have a strategic impact. Discuss this model, identify the activities, and describe how the model can be applied to the concept of information technology.

Value chain analysis is useful at the business level to highlight specific activities in the business where information systems are most likely to have a strategic impact. The value chain is a model that helps a company create value and competitive advantage by analyzing specific activities such as; services, marketing, sales and logistics.

The value chain model forces companies to examine how they perform and how they may improve those processes; also a firm's value chain can be associated to the value chains of its suppliers, distributors and customers. Regarding information technology, the value web consists of it and it helps improve competitiveness while enabling businesses to work more efficiently with their value partners.