Business, 24.07.2019 13:30 demetriascott20

Of the value creation activities in a company, which of the following is concerned with the design of products and production processes?

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Related to product design and production processes is research and development. This is because when production and uniqueness created by companies are considered normal by consumers, this can lead to loss of consumer interest in company products, and the most important role in problems like this is research and development. Therefore the product design and production process are closely related.

Further explanation

Value chains in business form a framework aimed at identifying and inventorying areas of business function. Grouping is based on activities, namely the main and companion.

1. Primary activities

What is meant by the main activities in the value chain are all business activities that create value or benefit for customers and present something that can show the company's privileges in the market? This main activity is seen as an important activity in running a business.

The following are company activities that fall into the main acting categories.

Input logistics is the company's activities related to receiving, storing, and spreading input. Operation is an activity that transforms an input into output in the form of the final product. Output logistics is the company's activities related to the distribution of products or services to customers. Marketing and sales are activities related to marketing and sales such as promotions and so on. Services are activities related to providing services to improve product maintenance such as training, repairs, and maintenance.

2. Support Activities

In the second group of values, chains are supporting activities that are defined as activities or activities within a company that aim to provide facilities to achieve key activities. The following are some of the activities that fall into the companion activity category:

Corporate infrastructure, namely activities related to costs and assets. Human resource management, namely activities related to recruitment, training, development, and compensation of workers. Technology development, namely activities related to product costs, process improvement, equipment design, computer software development, telecommunications systems, new database capabilities to the development of computer-based support systems. Procurement, namely activities related to obtaining resources.

The function of the Value Chain in the company

1. Research and development

The application of this system will facilitate companies to research and develop products or services that have been marketed.

2. Product or service design to process

Businesses that implement value chains will be helped in terms of designing products or services to the process for sale to the market.

3. Production

We can rely on strategies in the value chain that can increase production in terms of quantity and cost-efficiency.

4. Marketing and sales

Marketing and sales are two important points in companies that have income from the sale of goods or services.

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Value chain

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Class: High School

Subject: Business

Keywords: Value chain and marketing strategy.

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Of the value creation activities in a company, which of the following is concerned with the design o...

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