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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1256 |
Essay's paper body
Porter M. E (1985).
In a bid to arrest the value which is generated along the value supply chain, many modern management skills have been deployed by the strategists. For instance, a company which requires small assembly parts from other company may wish that the company be located near its assembly plant so that the cost of transportation is minimized...
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By taking advantage of the chain information, at the various nodal points of the value chain, the company might attempt to circumvent the intermediaries creating new business models, or in other ways create improvements in its value system.
Therefore, value chain, is a theory from business management that was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance...
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