Professional Documents
Culture Documents
Value Chain
A value chain is a set of activities that a firm operating in a specific industry performs in order to
deliver a valuable product or service for the market.
2. Inducing buyers to purchase the product and providing means for them to do so describes which of
the following primary activities?
a. inbound logistics
b. sales and marketing X
c. outbound logistics
d. operations/management
3. Each stage of the value chain not only adds value to the product but also ________.
a. attracts buyers
b. accumulates costs X
c. devalues the final product
d. attracts competitors
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6. Based on the competitive strategy you have outlined for Hilton provide an example of how a
computer-based information system in the Sales and Marketing area can support this competitive
strategy (Note: restrict your answer to this activity area – no other area of the value chain).
7. How can Hilton utilise social media to gain competitive advantage and implement the
competitive strategy you identified in q.5? Use your experience with social media and observations
to answer this question.
Excel exercises.
Creating graphs
Download Excel file Graph yearly_increase_by_person.xlsx.
Download the instructions file Lab Excel Graphs Exercises.pdf
Follow the instructions to create a graph.