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Which will result in increased the profits for the business.
Value Chain Management: Development of a set of functional-level strategies that increase the performance of the operating system a company uses to transform inputs into finished goods and services. (George and Jones, 2006:267)
Operating System: The different functional activities an organization combines and uses to acquire inputs, convert inputs to outputs, and dispose of the outputs. (Answers, 2006:1)
Value chain
Refers to the idea that a company is chain of functional activities that transform inputs into an output of goods and services that customer's value...
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Common topics in this essay:
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