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The Value Chain Framework Can Be Used to View a Firm

question 44

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The value chain framework can be used to view a firm as a series, a chain, or a network of basic activities that add value to its products and services, and thus add a margin of value to the firm.


Definitions:

SQI Instruction

An instruction in some programming languages or PLCs used to perform a sequential input operation or process.

SQO Instruction

A sequencer output instruction used in PLC programming to output a sequence of bits or words to control devices.

Sequencer Input

An input to a system that determines the sequence in which operations or events are to occur, often used in automated or programmed processes.

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