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Concept of Value Chain. The phrase value chain refers to all of the commercial activities and procedures that go into making a product or providing

Concept of Value Chain.

The phrase "value chain" refers to all of the commercial activities and procedures that go into making a product or providing a service. A value chain can include all stages of a manufacturer's or company's lifespan, from research & innovation through sales and everywhere in between. A value chain is a business strategy that outlines the entire process of creating a product or service. The stages involved in moving a product from conception to dissemination, as well as everything in betweensuch as obtaining raw materials, manufacture, and marketing activitiesmake up a cost structure for organizations that manufacture things.

A value-chain analysis is carried out by examining the particular steps involved in each phase of a company's operations. A corporate venture capital is used to improve efficiency of production so that a company may give the most value for this with the least amount of money.

Those who are directly active in value chain activities are known as value chain actors. Typically, they are growers, wholesalers, or retailers in our scenarios. They all have one common thread: they become ownership of the (raw, semi-processed, or final) commodity at some point along the VC procedure. In the concept of value chian the customers have ultimate powers.

A company's value system is the sequence through which it contributes to its materials . in order to manufacture products that are finally offered to customers. The supply chain encompasses all of the procedures involved in getting a product to the customers.

The word "value chain" relates to the procedure through which firms receive crude ingredients, contribute positively to them because of production, manufacture, and other operations, and then sell the finished product to consumers. The stages involved in having direct access to a consumer are known as a supply chain, and they frequently involve OEM and remanufactured parts.

The word "value chain" relates to the procedure through which firms receive crude ingredients, contribute positively to them because of production, manufacture, and other operations, and then sell the completed goods to customers. The stages involved in having direct access to a consumer are known as a supply chain, and they frequently involve OEM and remanufactured parts.

2. Compare the operations of Sundrop with the operations of the Saudi Greenhouse company. What can we learn from Sundrop to further promote Vision2030 and domestic agriculture in the KSA?

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