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Explain Porter's Value Chain Model and the Types of Activities

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Explain Porter's value chain model and the types of activities in it.


Definitions:

Big Five Model

A widely accepted personality framework that describes human personality through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Conscientiousness

A personality trait characterized by organization, dependability, diligence, and a strong sense of duty.

Married Women

Adult females who are in a legal union with a spouse, typically involving recognized rights and obligations.

Unemployment

The situation of being without a job despite being willing and able to work, measured by the unemployment rate.

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