What is the cost of the value chain?

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Business Finance

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Cost of the Value Chain

Write a 2 page double spaced paper addressing the following elements in your paper:

  • Discuss how the cost of the value chain in a healthcare organization is determined.
  • Discuss the importance of understanding the “walking map” as it relates to the value chain and strategy.

Include a title page and 3-5 references. References may be from the internet (not Wikipedia). Please adhere to the Publication Manual of the American Psychological Association (APA), (6th ed. 2nd printing) when writing and submitting assignments and papers.

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Explanation & Answer

Attached.

Running head: VALUE CHAIN IN A HEALTHCARE ORGANIZATION

Value Chain In A Healthcare Organization

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Institution affiliation:

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VALUE CHAIN IN A HEALTHCARE ORGANIZATION

2

Discuss how the cost of the value chain in a healthcare organization is determined.

The value chain is a method of viewing a hospital, business firm, or any organization
regarding value-adding opportunities. Importantly, the value chain entails two main components
which are, primary and support activities. Primary activities are those are those activities which
are involved in getting customers and resources in the company, transforming the resources into
services and products, distribution and marketing. Supporting activities, on the other hand, are
those activities on the side which assist in running the activities in the organization but they are
not directly related to the company’s product. As a result, by mapping an organization valu...


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