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Chapter 8 explains the importance of the value chain in managing products and services. Taking your understanding of the value chain, describe some of the
Chapter 8 explains the importance of the value chain in managing products and services. Taking your understanding of the value chain, describe some of the business entities, processes, and/or activities involved in your organization's value chain. While we talk more about value chain in the context of manufacturing organizations, it applies to service and merchandising organizations too. Remember the goal of every organization is to maximize the value and minimize the cost of the final product or service to the customer.
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