Provide a detailed explanation of concept of a Value Chain and
apply the concept to a...
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General Management
Provide a detailed explanation of concept of a Value Chain andapply the concept to a company of your choice
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Value chain concept refers to essential activities contributing to enhance value of a value chain It consists of primary and supporting activities The primary activities are inbound logistics operations and outbound logistics Inbound logistics refers to activities related to receive the inputs store them and distribute them Operations refer to transforming inputs into outputs through manufacturing activities These can be packing
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