BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Porter’s value chain involves five primary activities: inbound logistics, operations, outbound logistics, marketing and sales, and service. Support activities are illustrated in a vertical column over all of the primary activities. These are procurement, human resources, technology development, and firm infrastructure.

Detailed explanation-2: -According to Porter, competitive advantages come from the processes a company has, such as marketing. The five key (primary) activities that generate higher profits include inbound logistics, operations, outbound logistics, marketing and sales, and services.

Detailed explanation-3: -Inbound Logistics: the receiving and warehousing of raw materials, and their distribution to manufacturing as they are required. Operations: the processes of transforming inputs into finished products and services.

Detailed explanation-4: -Inbound Logistics Definition The process in which goods and raw materials are delivered from the supplier to the business. Ordering, transporting, receiving, storing, and managing these goods or raw materials are considered to be part of inbound logistics.