According to Michael Porter, what is procurement?

According to Michael Porter, what is procurement?
A . a support activity which provides a source of competitive advantage
B . a primary activity which provides a source of competitive activity
C . a primary activity which provides value for money
D . a secondary activity which provides value for money

View Answer

Answer: A

Explanation:

This question refers to Porter’s Value Chain (p.35). There’s a couple of questions on this in the exam so try to learn it. Procurement is a ‘support activity’ on this matrix along with firm infrastructure, HR and technology development