Why is value chain analysis useful in livelihood?
Answer and explanation
Correct answer: To understand value addition from raw material to customer in a product or service
Value chain shows cost opportunity and improvement areas. In exams connect value chain with enterprise planning.
Frequently asked questions
What is the correct answer to this question?
To understand value addition from raw material to customer in a product or service
Why is this the correct answer?
Value chain shows cost opportunity and improvement areas. In exams connect value chain with enterprise planning.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work, careers and livelihood.