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A Value Chain Is a Supply Chain, but Its Emphasis

question 7

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A value chain is a supply chain, but its emphasis is on examining how value is created or destroyed by a channel member.


Definitions:

Generating Information

The process of creating or producing new data or knowledge.

Integrating Information

The process of synthesizing and combining different pieces of data and knowledge to form a comprehensive understanding or solution.

Neurons

Specialized cells of the nervous system that transmit information throughout the body via electrical and chemical signals.

Action Potential

A temporary shift in the electrical charge of a neuron's membrane, leading to the transmission of a nerve impulse.

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