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

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


Definitions:

Nazi Germany

The period of German history from 1933 to 1945 under the dictatorship of Adolf Hitler, characterized by fascism, WWII aggression, and the Holocaust.

Giorgio Agamben

An Italian philosopher known for his work on the concept of the state of exception, bio-politics, and the relationship between law, politics, and life.

Foucault

A French philosopher and social theorist known for his influence on a wide range of disciplines including sociology, history, and critical theory, particularly for his work on power, knowledge, and discourse.

Scientific Study

A systematic pursuit of knowledge involving the observation, identification, description, experimental investigation, and theoretical explanation of phenomena.

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