Overview Understanding the value-added areas of a business are key to creating a competitive product or service. Accountants are often asked to identify and quantify these parts of the business...

Overview

Understanding the value-added areas of a business are key to creating a competitive product or service. Accountants are often asked to identify and quantify these parts of the business operation. In this assignment you perform a value chain analysis.

Preparation

• Review Chapter 2 in your textbook for areas related to the value chain.
  
  
  • Study the Fowler’s Farm Case Study (case study 2-47). Payclose attention to aspects of its value chain.
  
  
  
  

Instructions

Perform a 3–4 page value chain analysis on Fowler’s Farm using the information found in Case Study 2-47 of your textbook. Your analysisshould address the following:

1. Develop a value chain that depicts six to nine activities that makes Fowler’s Farm competitive.


2. Evaluate the competitive advantage each activity confers upon the company.


3. Justify which activity you believe is the most valuable for company growth.
   


4. Justify your choice of the activity that you believe would benefit most from optimization or alteration.


5. Recommend a change that you would make to your selected activity to optimize it and support your assertion quantitatively. Make sure to include any assumptions or data values that need to be made to support your recommendation.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions.

The specific course learning outcome associated with this assignment is:

• Perform a value chain analysis to optimize business operations.