Demonstrate How a Company Can Add Value by Using Porter's

question 38

Essay

Demonstrate how a company can add value by using Porter's value chain analysis.

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Definitions:

Power Cord

An electrical cable that temporarily connects an appliance to the mains electricity supply via a wall socket or extension lead.

Negative Reinforcement

A behavioral principle where the removal of an undesirable or unpleasant stimulus following a behavior increases the likelihood of that behavior being repeated in the future.

Video Game System

An electronic device designed specifically for playing video games that comprise both hardware and software components.

Avoidance Learning

A process in which an individual learns a behavior to prevent an unpleasant or harmful situation.