chain value

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Tags: economy

Concept from business management that was first described and
popularized by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance. This model categorizes the generic value-adding activities of an organization. The «primary activities» include: inbound logistics, operations (production),
outbound logistics, marketing & sales, service.
(source: http://en.wikipedia.org/wiki/Value_chain)

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