The value chain analysis is an internal analysis tool that serves to identify sources of competitive advantage

The value chain consists of four basic elements: support activities, main activities, value generating activities and the margin

The competitive advantage is achieved when the company develops and integrates the activities of its value chain in a better differentiated way than its rivals and therefore at a higher costs

Porter value chain is a complement of Porter 5 Forces that helps to understand where the value of the chain supplier - company - client ist.

None of the answers is true

An example of a corporate strategy is to decide if the company has to go international and how to enter in the new markets.

When we define a corporate strategy we define how the organization (corporation) is going to compete.

When formulating a business strategy we decide how to compete. When formulating corporate strategies we decide in what markets and with what products we want to compete.

When we define the international business strategy we are defining the mechanism how to enter to international markets

When formulating a business strategy we define with what products the company wants to do business.

 Corporate strategies like diversification and restructuring imply growth

Corporate strategies like consolidation  do not imply growth

 Corporate strategies like diversification and expansion do not imply growth

All corporate strategies imply growth

Align

the value chain to your strategic choice of differentiation or low cost.

Create

new spaces in markets where there is no competition.

Exploit an existing demand

Choose

between the trade-off of the differentiation strategy and cost leadership.

Suistainable competitive advantage

Competitive disadvantage

Temporary competitive advantage

Competitive Parity