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Describe the Two Basic Ways That Companies Can Create Value

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Describe the two basic ways that companies can create value.What role does the value chain play in these methods?


Definitions:

Nerve Cell

A cell that transmits electrical signals to and from the brain and throughout the body, also known as a neuron.

Glial Cell

Non-neuronal cells in the central nervous system that support, protect, and nourish neurons.

Axon

A long, slender projection of a nerve cell, or neuron, that typically conducts electrical impulses away from the neuron's cell body.

Neuron

A specialized cell transmitting nerve impulses; a nerve cell.

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