Inbound logistics (receiving and storing materials for distribution to production), operations (transforming inputs into finished products), outbound logistics (storing and distributing finished products), sales and marketing, and service are all

Question

Hailie Durham

Business

14 December, 01:41

Inbound logistics (receiving and storing materials for distribution to production), operations (transforming inputs into finished products), outbound logistics (storing and distributing finished products), sales and marketing, and service are all

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Emerson Bradley · Answer 1

Primary Activities of the Value Chain

Explanation:

Inbound logistics (receiving and storing materials for distribution to production), operations (transforming inputs into finished products), outbound logistics (storing and distributing finished products), sales and marketing, and service are all primary activities of the value chain

According to Porter, the primary activities of the value chains includes: Inbound Logistics, Operations, Outbound Logistics, Marketing and Sales, and Service are categorized as primary activities.

The goal of the five sets that make up the primary activities is the creation of value that is higher than the cost of the activities (value creation) hence generating profit.