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In value chain analysis, coordination, acquiring and assembling of resources to produce a product is classified as

A. resourcing

B. value acquiring

C. production

D. value acquaintance

Answer: Option C

Solution(By Examveda Team)

In value chain analysis, coordination, acquiring and assembling of resources to produce a product is classified as production. Value chain analysis is a strategy tool used to analyze internal firm activities. Its goal is to recognize, which activities are the most valuable (i.e. are the source of cost or differentiation advantage) to the firm and which ones could be improved to provide competitive advantage.

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