What Is a Value Chain? - Definition, Analysis & Example


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question 1 of 3

How does one explain a value chain?

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1. Why should companies analyze what actions are important to customers?

2. Which of the following is a step in creating an action plan?

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About This Quiz & Worksheet

A way to look at two different types of business activities is a value chain. Your knowledge of value chains will be assessed with this quiz/worksheet combination. Assessment items will cover the purpose of value chains and other important information in the lesson.

Quiz & Worksheet Goals

These assessments will test you on the following:

  • Steps in creating a value chain
  • The definition of a value chain
  • Value chain examples discussed in the lesson

Skills Practiced

Students will practice the following skills:

  • Information Recall- access the knowledge you've gained regarding the reasoning behind the analysis of a value chain by companies
  • Knowledge Application- use your knowledge to answer questions about how a company can ensure the effectiveness of a value chain
  • Reading Comprehension- ensure that you draw the most important information from the Value Chain lesson

Additional Learning

Review the accompanying lesson, What is a Value Chain? - Definition, Analysis & Example, to learn more. Objectives covered include:

  • Understand value chain analysis
  • Review value chain examples
  • Know the significance of value chains