A value chain is defined as the cost of performing various activities inside a firm.

Name: A value chain is defined as the cost of performing various activities inside a firm.
Brand: Quizplus
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Quizplus · Accepted Answer

A value chain is defined as a sequence of activities that help create and deliver a product or service, and it includes both internal and external activities. It is not just the cost of performing activities inside a firm, but also the value added at each step in the chain.

A Value Chain Is Defined as the Cost of Performing