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What Is a Value Chain? Why Are the Individual Activities

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What is a value chain? Why are the individual activities of the value chain important to a firm's overall strategy?


Definitions:

Reported Yield

The interest or dividends received from an investment, expressed as a percentage of the investment's current market value.

Required Return

The minimum rate of return an investor expects to achieve from an investment, considering its risk.

Expected Dividend

The forecasted payment of profits by a corporation to its shareholders, usually announced by the company's board of directors.

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