What is the main purpose of value chain analysis in handicrafts?
Answer and explanation
Correct answer: Identifying cost and value opportunities at each stage from raw material to customer
Value chain shows where income can increase. Exam tip: look at the full chain from production to sale.
Frequently asked questions
What is the correct answer to this question?
Identifying cost and value opportunities at each stage from raw material to customer
Why is this the correct answer?
Value chain shows where income can increase. Exam tip: look at the full chain from production to sale.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Traditional occupations in India - Handicrafts.