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The value chain is a business model used to examine all company activities involved in taking a product or service from idea to sellable
The value chain is a business model used to examine all company activities involved in taking a product or service from idea to sellable item. Ideally, companies can use the value chain model to strengthen their point of view and widen their profit margin leading to more efficiency and fewer costs. Discuss the Primary and Support activities of the Business Value Chain model.
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The Business Value Chain model introduced by Michael Porter is a framework that helps analyze and understand the sequence of activities within a business that add value to the product or service It co...Get Instant Access to Expert-Tailored Solutions
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