Question: How do companies determine their value chain? At what point(s) does management define the value chain for a product/service? What value does a value chain

How do companies determine their value chain? At what point(s) does management define the value chain for a product/service? What value does a value chain provide for decision making?

Cost-volume-profit may be one of the most valuable assessment tools available to management. Discuss why CVP is so important and provide a real life example you may have been involved in or find of interest as far as break-even for a product/service.

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