A value chain includes an entire network of firms with the exception of those responsible for transportation.

Name: A value chain includes an entire network of firms with the exception of those responsible for transportation.
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A value chain, also known as a supply chain, includes the flow of information, materials, and services that starts with raw-materials suppliers and continues adding value through other stages in the operations process until the product reaches the end customer.

A Value Chain Includes an Entire Network of Firms with the Exception