Tag Archives | Value Chain Analysis

Difference between TMA and VCA | Cost Accounting

The upcoming discussion will update you about the difference between Traditional Management Accounting (TMA) and Value Chain Analysis (VCA). Difference # Traditional Management Accounting (TMA): 1. Focus – Internal 2. Perspective – Value added 3. Cost driver concept – Single cost driver (cost is function of volume). Application at the time overall firm level (cost […]

Value Chain Analysis (With Diagram)| Cost Accounting

In this article we will discuss about the Value Chain:- 1. Meaning of Value Chain Analysis 2. Steps in Value Chain Analysis 3. Linking to Competitive Advantages 4. Assessing Competitive Advantage 5. Problems. Contents: Meaning of Value Chain Steps in Value Chain Analysis Linking Value Chain Analysis to Competitive Advantages Value Chain Analysis for Assessing […]

Management Accountant and Value Chain Analysis

Porter identified the ‘value chain’ as a means of analysing an organisation’s strategically relevant activities in order to understand the behaviour of costs. Competitive advantage comes from carrying out those activities in a more cost effective way than ones competitors. M. Porter (in Competitive Advantage, 1985) breaks the Value Chain (VC) model into two distinctive […]

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