Managing an organisation from a value chain perspective means the managers decide what 'value' is.

Question

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Managing an organization from a value chain perspective involves analyzing and optimizing the series of activities that create and build value at every step of the service or product development process, from design through production to marketing and after-sales services. The concept of 'value' in this context is determined by customer needs and preferences, not solely by managerial decisions.

Managing an Organisation from a Value Chain Perspective Means the Managers