The Value Chain was first popularized by Michael Porter in his book Competitive Advantage (1985). The value chain refers to a network of activities, connected by linkages that are performed by an organization to design, produce, market, deliver and support its products and services. The value chain is essentially a framework for identifying the discrete but interconnected activities that make up a business and how those activities affect both the cost and the value delivered to buyers (Carr 2001). The value chains of organizations within an industry differ as a result of their particular strategy, their history and success at implementation (Porter 1985).

Was this article helpful?

0 0


If you're wanting to learn how to set goals now for tomorrow's benefit. Then this may be the most important letter you'll ever read. You're About To Learn All About Growth Potential Without Potential Waste And How To Manage Your Money Principles, No Matter How Much Time You Have Had To Prepare. It doesn't matter if you've never experienced entrepreneurship up close and personal, This guide will tell you everything you need to know, without spending too much brainpower!

Get My Free Ebook

Post a comment