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Glossary > V > "Value Chain" Definition

Value Chain

A high-level model of how businesses receive raw materials as input, add value to the raw materials through various processes, and sell finished products to customers.

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Value Chain - A high-level model of how businesses receive raw materials as input, add value to the raw materials through various processes, and sell finished products to customers.

Value Chain : a high-level model of how businesses receive raw materials as input, add value to the raw materials through various processes, and sell finished products to customers.