Question: Why is understanding the value chain important in organizations? It has a direct impact on a firm s ability to borrow capital. It has to
Why is understanding the value chain important in organizations?
It has a direct impact on a firms ability to borrow capital.
It has to be nurtured to allow firms to engage in competitive battles.
Not all resources are observed and quantifiable.
Value has to be greater than costs to make aboveaverage returns.
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