Read the article: chains, shops, and networks: the role of is in new models of value creation. It shows how businesses add value to their product in a chain of successive operations, such as inbound logistics, manufacturing, outbound logistics, sales, and service. The value chain model does not apply as well to service organizations. The article by computer Sciences Corporation (1998) presents two additional value models - value shop and value network - to describe other means of creating value to the customer.

Required:

Briefly explain which of the three models of value creation most accurately describes each of the businesses listed below.

In each case, discuss how the organization might best use information systems to support that value creation model. After posting your answers,

Answer rating: 100% (QA)

Three value models value chain value shop and value network are used to describe each of the following businesses and how each organization might best use information systems to support its business s... View the full answer