Value Chain Concept
VC Methodology & Case Studies
NorthAm Biz Background
NorthAm Strategic Analysis
Acct 858
100
Should a firm construct and evaluate the entire value chain even if they do not participate in every stage of the chain?
What is Yes
100
The first step in constructing and using a value chain
What is Identify the industry's value chain and assign costs, revenues and assets to value activities
100
The product NorthAm produces
What is paperboard
100
The four quadrant of the BCG Growth/Share Matrix
What is build (question mark), hold (star), divest (dog), harvest (cash cow)
100
The professor of accounting 858
Who is Dr. Brown
200
Two of the ways cost leadership can be achieved?
What is Economies of scale of production, experience curve effects, tight cost control, & cost minimization in areas such as R&D
200
In identifying the value chain of a firm, what are 2 of the reasons activities should be isolated or separated
What is They represent a significant percentage of operating costs, cost behavior of activities is different, they are performed by competitors in different ways, they have a high potential for creating differentiation
200
A substitute for coated paperboard
What is plastic
200
The BCG Growth/Share quadrant that the differentiated processor segment falls into
What is build (question mark)
200
The main authors of the accounting 858 text books
Who are Anthony and Shank
300
Two companies that pursue a strategy of differentiation
What is Mercedes, Stouffer's, Rolex
300
The 2 types of cost drivers
What is Structural & executional
300
NorthAm's two main market segments
What is the commodity market and the differentiated market
300
One of the three financial measured used in the value chain analysis
What is profit, % of the total profit, or Return on Assets
300
The room where accounting 858 is held
What is CBA 117
400
3 of the 4 profit improvement areas from a strategic perspective
What is linkages with suppliers, linkages with customers, process linkages within the value chain of a business unit, linkages across business unit value chains within the firm
400
One way People Express was different than United Airlines
What is see page 72
400
The number of customers in the two customers segments
What is over 300 (commodity) and 6 (differentiated)
400
The step of the value chain that has the highest % of total profit and largest ROA
What is the supermarket
400
The day of the accounting 858 final exam
What is May 6th
500
Why is it important to consider linkages with suppliers when considering profit improvement areas?
What is The value-added concept starts too late. Beginning the cost analysis with purchases misses opportunities for exploiting linkages with firm's suppliers
500
Once they have identified the value chain and diagnosed cost drivers of each value activity, how can a firm develop a sustainable competitive advantage
What is Controlling cost drivers better than competitors, reconfigure the value chain
500
The 5 steps of the industry's value chain
What is The mill (paperboard manufacturing) Extrusion (adding the plastic coating) Carton conversion Processors of consumer products (the filling plants) The supermarkets (the retailer)
500
2 of the 3 investments NorthAm would need to make to compete in the differentiated market
What is upgrade primary manufacturing facility, add a new extruder, purchase a rotogravure printing press
500
The name of the journal the articles for the Current Topics Presentations come from
What is Cost Management
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