Question: Define the terms value, margin, and value chain. Explain why organizations that choose a differentiation strategy can use value to determine a limit on the

Define the terms value, margin, and value chain. Explain why organizations that choose a differentiation strategy can use value to determine a limit on the amount of extra cost to pay for differentiation. Name the primary and support activities in the value chain and explain the purpose of each. Explain the concept of linkages.

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