What Is a Value Chain? Define Value Chain Management and List

question 8

Essay

What is a value chain? Define value chain management and list the various functions along the value chain.

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Definitions:

Stakeholders

Individuals or groups that have an interest or concern in an organization and can affect or be affected by the business operations.

Social Entrepreneur

An entrepreneur focused on creating and implementing solutions to social, cultural, or environmental issues, often with an emphasis on innovative and sustainable change.

Discretionary Stakeholders

Stakeholders who have a potential interest or investment in a project or business but their involvement is not critical.

Public Policies

Guidelines and principles adopted by governmental bodies to address societal issues.