Briefly Explain How the Value Chain Is Related to Competitive

question 52

Essay

Briefly explain how the value chain is related to competitive advantage.

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Definitions:

Economies

The wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.

North

In the context of United States history, refers to the region opposed to the slavery-based economy of the South, particularly during the Civil War era.

South

Refers generally to the southeastern region of the United States, historically known for its distinct economic, cultural, and historical traits, particularly those stemming from the antebellum period and the Civil War.

Sea Islands Experiment

A Reconstruction-era project where freed slaves were given land in the Sea Islands to test the feasibility of emancipation and land redistribution.