Briefly explain the concept of value chain, balance score card and their functions.

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Briefly explain the concept of “value chain”, “balance score card” and their functions.

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Financial and Managerial Accounting the basis for business decisions

ISBN: 978-0078111044

16th edition

Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello

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Question Posted: Aug 05, 2013 03:43 AM

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Briefly explain the concept of value chain, balance score card and their functions.

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The concept of value chain was proposed by Michael Porter in the year 1985 with his best seller Competitive Advantage Creating and sustaining superior performance according to which the value refers t...View the full answer

Financial and Managerial Accounting the basis for business decisions

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