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Handwritten Notes, Paper 1, , Paper 2, (Management), , Soft Copy, , ₹ 100, , ₹ 300, , Hard Copy, , ₹ 150, , ₹ 450, , Call or Whatsapp for Notes : 7627096162, Note : Paper 1 includes 7 units except Comprehensions, Numerical Reasoning, and Data Interpretation because these units are practice based and theoretical, part of these units is covered in notes., For hard copies postal/courier charges are separate.

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Value Chain Analysis, This framework the companies can use to identify and, evaluate the ways in which their resources and capabilities, can add value., Managers may be able to use the value chain framework to, identify new, unique ways to combine resources and, capabilities to create value that are difficult for competitors, to recognise, understand, or imitate.

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Primary and Supporting Activities, Primary activities, shown vertically, represent traditional, line activities such as inbound logistics, operations,, outbound logistics, marketing and sales, and service., Supporting activities, shown horizontally, are represented, by a company’s staff activities and include its firm’s, infrastructure, human resource management practices,, technological development, and procurement activities.

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Primary Activities, 1. Inbound Logistics : Receipt, control, warehousing,, inventory, and distribution of raw materials or, component parts., 2. Operations, : Machining, assembly, equipment, maintenance, and packaging., 3. Outbound Logistics : warehousing or storage of, finished products, material handling, and order processing.

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Primary Activities, 4. Marketing and Sales : Developing advertising and, promotion campaigns; selecting and developing distribution, channels; and selecting, training, developing, and, supporting a sales force, 5. Services : Installation, product use training, adjustment,, repair, and warranty services.

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Supporting Activities, 1. Procurement : Purchase the inputs needed to produce a, company’s products, including items consumed or used, in the manufacturing process, supplies, and fixed assets., 2. Technological Development : Research, process and, equipment design, product design, and servicing, procedures.

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Supporting Activities, 3. Human Resources Management : Recruiting, hiring,, training, developing, and compensating (including, performance assessment and reward systems) of a, company’s employees., 4. Firm’ Infrastructure : General management practices,, planning, finance, accounting, legal, and government, relations.

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Application of Value Chain Analysis, Using the value chain framework enables managers to, study the company’s resources and capabilities in, relationship to the primary and support activities, performed, and to assess them relative to competitors’, capabilities., For these activities to be sources of competitive advantage,, a company must be able to perform primary or support, activities in a manner that is superior to the ways that, competitors perform them.

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