Question: What is VALUE? How do you define VALUE? What is the VALUE CHAIN? How do companies add value for the customer? Give an example of

What is VALUE? How do you define VALUE? What is the VALUE CHAIN? How do companies add value for the customer? Give an example of a company, such as McDonalds, Rolex, Netflix, Costco, or Amazon and explain how these companies add value to their customers. Feel free to use other companies as examples for adding value.

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