BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The primary activities of the value chain include inbound logistics, operation outbound logistics, marketing and sales, and service. Secondary activities or the support activities include firm infrastructure, human resources management, and procurement.

Detailed explanation-2: -Components of a Value Chain According to Porter’s definition, all of the activities that make up a firm’s value chain can be split into two categories that contribute to its margin: primary activities and support activities.

Detailed explanation-3: -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-4: -Porter laid down the concept of the value chain by splitting the value chain analysis into two activities that are primary and secondary. These are further divided into five primary activities and four supporting ones.

Detailed explanation-5: -Primary activities are core functions for the enterprise, creating and delivering products and services for customers. Secondary activities support the primary activities and are common to many organizations.