Question: How does one explain a value chain? A budgetary method to manage money and get the greatest value for the money A series of steps

How does one explain a value chain?
A budgetary method to manage money and get the greatest value for the money
A series of steps that include understanding what a customer wants and creating solutions for those wants
The process of creating the best product for the lowest prices
A line of exclusive jewelry that is private-labeled by celebrity designers

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