Describe the Value Chain and How It Can Help Organizations

question 165

Essay

Describe the value chain and how it can help organizations become more effective.

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Definitions:

Extranet

A private network that allows controlled access from the outside for specific business or educational purposes, using internet technology.

Inventory Process

A systematic approach to managing and tracking stock, materials, or products within a business to ensure adequate supply and efficient operations.

Recurring Shipment

A scheduled shipment that occurs at regular intervals over a period of time.

Data Transmission

The process of sending data from one place to another through any medium or channel.