Activities required to design, develop, produce, market, distribute, and service a product are known as

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Value-chain activities encompass all the steps involved in bringing a product from conception to delivery and beyond. This includes design, development, production, marketing, sales, distribution, and customer service. Value-chain activities are crucial for the success of a product and ultimately contribute to its overall profitability.

Activities Required to Design, Develop, Produce, Market, Distribute, and Service