Briefly Describe the Concepts of Value, Margin, and Value Chain

question 3

Essay

Briefly describe the concepts of value, margin, and value chain as defined by Porter.

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Definitions:

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of the self and the individual's capacity for personal growth.

Rational-Emotive Theory

A cognitive-behavioral approach to therapy that emphasizes the role of thinking and belief systems as the root of emotional and behavioral disturbances.

Animalistic Drives

Fundamental, instinctual forces that motivate behavior, often related to survival and reproduction.

Psychoanalytic Theories

A set of theories originating from Sigmund Freud that emphasize unconscious motivations and conflicts as driving human behavior and psychological development.