Question: QUESTION The value chain model describes the series or chain of basic activities that add a margin of value to a firm's products or services.

QUESTION
The value chain model describes the series or chain of basic activities that add a margin of value to a firm's products or services. Some activities are directly related to an organizations manufacturing process, while other activities are related to an organization's capital resources.
consist of organization infrastructure (administration and management), human resources (employee recruiting, hiring, and training), technology (improving products and the production process), and procurement (purchasing input).
ANSWER
Switching costs
Primary activities
Secondary activities
Support activities
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 QUESTION The value chain model describes the series or chain of

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