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Explain the Differences in the Application of Value Chain Analysis

question 58

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Explain the differences in the application of value chain analysis to manufacturing businesses and service-oriented companies.


Definitions:

Information Technology's Impact

Refers to the significant influence that technological advancements in information processing, storage, and dissemination have on society, businesses, and individual behavior.

Organization's Structure

The arrangement of tasks, responsibilities, and authority within an organization, dictating how activities and resources are coordinated and controlled.

The World Is Flat

A metaphorical phrase suggesting that technological advancements have leveled the competitive playing fields in global business.

Thomas Friedman

An American journalist, author, and three-time Pulitzer Prize winner known for his work on foreign affairs, global trade, the Middle East, globalization, and environmental issues.

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