What Are Value Chains
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What Are Value Chains
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Value Chain Meaning Definition Examples Porter s Model AIMS
A value chain represents all the activities and processes involved in creating a product or performing a service As such it encompasses every stage of the product s or service s lifecycle A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of value to an end customer The concept comes from the field of business management and was first described by Michael Porter in his 1985 best seller Competitive Advantage Creating and Sustaining Superior Performance
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