Question: QUESTION 2: VALUE CHAIN What is a value chain? List the primary activities in a value chain 10 Marks Describe the primary activities in a

QUESTION 2: VALUE CHAIN What is a value chain? List the primary activities in a value chain 10 Marks Describe the primary activities in a value chain using an example. 10 marks Distinguish between a primary and a support activity in the value chain. 5 marks Explain value chain linkages. 5 marks

QUESTION 3: PORTERS 5 FORCES Examine the Porters 5 forces and explain how the forces are interconnected? Use examples to explain your answers. No less than 100 words 10 marks Below is a list of competitive strategies that are based on business processes. Explain each Locking in customers 2 marks Locking in suppliers 2 marks Creating entry barriers 2 marks Establishing alliances 2 marks Reducing costs 2 marks

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