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The Term "Value Chain" Refers to the Idea That a Company

question 43

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The term "value chain" refers to the idea that a company is a chain of functional activities that transforms inputs into an output of goods or services that customers value.


Definitions:

Entry Process

The procedure or set of steps one follows to begin participation in an organization, program, or system.

Bridge Employment

Employment that takes place after a person retires from a full-time position but before the person’s permanent withdrawal from the workforce.

Work-Related Experiences

Experiences gained through professional activities that contribute to an individual's knowledge, skills, and competencies.

Course

An educational program or sequence of lessons designed to transfer knowledge or skills in a specific area of study.

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