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Steve, MBA
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Experience:  MBA
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15. For a company to translate its performance of value chain

Resolved Question:

15. For a company to translate its performance of value chain activities into competitive advantage, it must:
a. beat rivals in performing value chain activities more proficiently (thus creating a differentiation-based competitive advantage) or beat rivals in performing value chain activities more cheaply (thus achieving a cost-based competitive advantage).
b. have more competitive assets than competitive liabilities and deploy its competitive assets in ways to become increasingly proficient in performing value chain activities more cost-efficiently than rivals.
c. build an innovative value chain that allows it to produce the highest quality product in the industry, thereby securing a differentiation-based competitive advantage.
d. develop a value chain with few support activities (so as to keep costs low) and focus only on performing only those primary activities that deliver the most value to customers.
e. have more core competencies and distinctive competencies than rivals and thereby gain a competitive advantage based on superior differentiation-enhancing competencies and capabilities
Submitted: 4 years ago.
Category: Homework
Expert:  Steve replied 4 years ago.

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