What Are the Five Primary Activities of the Value Chain

question 28

Essay

What are the five primary activities of the value chain?

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Definitions:

Unique Identification

A specific identifier assigned to an individual, product, or entity that distinguishes it from others within a system or market.

Inventory Purposes

The reasons or objectives for maintaining a stock of goods or materials, such as ensuring product availability, meeting customer demand, or controlling production processes.

Method of Delivery

The approach or means by which a product or service is provided to the customer, such as in-person, online, or through mail order.

Services

Services, perks, or gratifications available for buying that are inherently immaterial and do not culminate in the possession of anything.