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Ch 4: Value Chain Management

About This Chapter

These lessons are about value chain management. Get familiar with the definition and groups of functional areas of a business. Take a look at competitive advantage types and more in this chapter.

Value Chain Management - Chapter Summary

This chapter will enhance your understanding of value chain management. Compare advantages and disadvantages of the functional structure of an organization and review value chain examples. This chapter will help prepare you for answering test questions on lesson material, such as:

  • An organization's functional structure
  • Cost, product, niche and sustainable competitive advantages
  • Definition and analysis or a value chain
  • Value chain management techniques and ethics

Log in using your mobile device to check your progress on your dashboard, or even to take a lesson or two whenever you have a few minutes. You can directly ask the instructor any questions you have. A test at the end of the chapter will show how well you understood the main chapter concepts.

5 Lessons in Chapter 4: Value Chain Management
Test your knowledge with a 30-question chapter practice test
Functional Structure of an Organization: Advantages, Disadvantages & Example

1. Functional Structure of an Organization: Advantages, Disadvantages & Example

A functional organizational structure is one of several reporting structures a company could implement. Read on to learn why a company might implement a functional structure and the advantages and disadvantages for both company and staff.

Functional Areas of a Business: Definition & Groups

2. Functional Areas of a Business: Definition & Groups

Many companies organize their employees into functional areas. Read on to learn what a functional area is, why a company might organize into functional areas, and descriptions of some common functional groupings.

Types of Competitive Advantage: Cost, Product, Niche & Sustainable Advantages

3. Types of Competitive Advantage: Cost, Product, Niche & Sustainable Advantages

Companies need that special something to draw in new customers and keep them coming back. Learn about competitive advantage and the different ways a company can have it.

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

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

This lesson discusses what a value chain is and how it can help a business meet the needs of customers. It also provides an analysis of the effectiveness of the value chain actions.

Ethics of Value Chain Management Techniques

5. Ethics of Value Chain Management Techniques

Today's global economy provides opportunities for value chain optimization, but many techniques may also present an ethical dilemma. This lesson provides an overview of the ethical dilemmas and highlights the key danger areas managers may confront.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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