University | The Royal Melbourne Institute of Technology (RMIT) |
Subject | ACCT1046 Accounting in Organizations and Society Assignment |
ACCT1046 Accounting in Organisations, RMIT, Singapore: Use Value Chain Diagram as a starting point to prepare your own diagram showing your busines
Question 7 Organisational value chain diagram
Use Porter’s Value Chain Diagram as a starting point to prepare your own diagram showing your business’ value chain and upload the diagram here as your answer to this question,
The diagram you create needs to look professional so it cannot be hand-written. You can use word or other programs to create the diagram.
Not only is presentation of the diagram important, but the content of the diagram is also important. Make sure that you:
- List and elaborate further on the primary activities for your business (i.e., all activities from inbound logistics, manufacture/delivery of service, outbound logistics, marketing, sales and after-sales).
- Your value chain diagram needs to be specially aligned with getting your idea to the market
- Your value chain activities must be business specific and reflect the context of your business. For example, if you are running an accounting firm, “manufacturing” would not be part of your value chain as one of your key activities. In some businesses, the support activities, such as R&D, are very important. You need to contextualise the value chain to your business. 2.0
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Question 8 Description – Organisational Value Chain
In regard to the organisational value chain diagram, you created for your business in answering question 7, describe the value chain activities that are in the diagram for your business ensuring that you focus on the important activities listed in your value chain as they apply to your business.
Question 9 Value adding activity
Identify one (1) value adding activity from your value chain and explain why you believe it adds value
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