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With reference to primary and support activities, explain how value-chain analysis might be applied to the service industry.
Future Payments
Payments that are scheduled to be made at a later date or period, often related to loans or financing arrangements.
Investment Privately
Allocating financial resources into private enterprises not listed on public stock exchanges.
Maximum Price
The highest price a buyer is willing to pay for a good, service, or financial instrument.
Non-Redeemable GICs
Guaranteed Investment Certificates that cannot be cashed in before their maturity date without incurring a penalty.
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