Importance of the value chain analyze
Keywords:
Accounting, strategic management,, decision making.Abstract
This is the first step toward the study of recognition sources of the strategic capacity and finding the way of
connection of profit resources of enterprise and strategic result. It deals with the verification of how the activities
of the enterprise use its competitive advantage. Analysis of the value chain is considered as a method serving to
this purpose. Value analysis is initially considered as an accounting analysis aiming to reflect the profitability of
specific stages of the production process in order to make improvements to the cost or value.
The term describes the chain of values of how form the business process extract a chain which activities are
inputs transformed in output as a value for buyers. Value Chain is derived activities in an organization named
as a "value system." The essence of value chain analysis shows ]the assessment of the impact of individual
activities or profit gain.