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A Value Chain Is a Series of Functional Activities That

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A value chain is a series of functional activities that convert inputs into finished goods or services that customers value.


Definitions:

Catalysts

Materials that increase the rate of a chemical reaction without being consumed in the process.

Reaction Yield

The amount of product formed in a chemical reaction, often expressed as a percentage of the theoretical maximum amount that could be produced.

Speed Up

To increase the rate or velocity of an object or a process.

Activation Energy

The lowest level of energy required by reactants to partake in a particular chemical process.

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