In this video, we will learn the models that aim to help organizations attain competitive advantage, namely the value chain model and the five-forces model.
By the end of the video, learners will be able to
1. Discuss the term organization;
2. List down examples of mission statements;
2. Discuss value chain model's primary and support activities;
3. Identify the theorist who developed the value chain model and five-forces model;
4. Explain the role of information systems in the organization's value chain;
5. Describe the term competitive advantage; and
6. List down the key factors of the five-forces model.
References:
📔 Stair, R. M., & Reynolds, G. W. (2016). Fundamentals of information systems (Eighth Edition ed.). CENGAGE Learning.
🔗 Hart, M. (n.d.). The straightforward guide to value chain analysis [+ templates]. Retrieved July 21, 2021, from [ Ссылка ]
🔗 THE INVESTOPEDIA TEAM. (2020, February 22). Porter's 5 forces. Retrieved July 21, 2021, from [ Ссылка ]
🔗 Tarver, E. (2020, March 24). Value chain vs. supply chain: what's the difference? Retrieved July 27, 2021, from [ Ссылка ]
Please don't hesitate to ask your questions or write your feedback in the Comments section below. Please support by liking and subscribing to the 5-Minute Lessons by Victor channel. Click the Bell button to be notified when new videos are uploaded. Thank you!
#ValueChainModel #FiveForcesModel #InformationSystems #CompetitiveAdvantage
![](https://s2.save4k.ru/pic/A2dTPbLomTA/mqdefault.jpg)