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Dr. Constantine ‘Dino’ Kiritsis from StudySmart discusses the value chain analysis as part of the ACCA's SBL (Strategic Business Leader) Paper.

The value chain is based on the assumption that VALUE is CREATED or ADDED when 9 activities within companies are COORDINATED well. These activities are broken down into 2 groups (support and primary) and only if these activities are based on the company's generic strategy/philosophy and work in a coordinated, effective and efficient way, the company can add value.
If there is a question of culture in the exam, you can use the 7 elements of the Cultural Web, a very useful model/theory that examines 7 areas to understand a company's culture.

Award winning Curriculum Development Expert, Entrepreneur, founder of StudySmart and professional trainer Dr. Constantine “Dino” Kiritsis has prepared a series of videos helping students understand the content of Business Models for Business School and Professional Qualifications candidates on MBA, ACCA – SBL – Strategic Business Leader, CIMA (Strategic & Management Cases) and other courses. For more, www.studysmart.gr.