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The industrial value chain refers to the full range of activities and processes that companies engage in to bring a product from conception to market and beyond. This includes stages such as raw material sourcing, manufacturing, distribution, marketing, and after-sales service. Each link in the chain adds value to the product, influencing its final cost and quality. Understanding the value chain helps companies identify areas for improvement and optimize their operations for efficiency and competitiveness.

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What is a core democratic value that supports the industrial revolution?

No


Define Value chain of a company?

A company that develops a product or service that engenders a value chain by providing a platform for other companies is considered more likely to increase its market share than a company that tries to provide the entire value chain on its own. a value chain is "a string of companies working together to satisfy market demands." The value chain typically consists of one or a few primary value (product or service) suppliers and many other suppliers that add on to the value that is ultimately presented to the buying public. Microsoft and its Windows operating systems, the nucleus of the personal computer desktop for which much business software is developed, is often cited as a prime example of a company and product that drives a value chain. The businesses who buy personal computer software may spend far more on the add-on software than on the essential operating system that is the de facto standard for running the software. To the extent that companies standardize on Windows, Microsoft is said to control a value chain. This particular value chain was reported in a McKinsey study to be worth $383 billion in 1998. Although Microsoft's share of the value chain was reported to be only 4% of the total, that was still $15.3 billion.


How did the industrial revolution change how goods were made?

it made it less value


How do Soldier comply with the national preservation act?

Reporting the discovery of artifacts and sites to the chain of command. If soldiers find artifacts or anything of historic value, they must report it to their chain of command. The chain of command must be followed to preserve the historic nature of the artifacts.


What are industrial models?

Industrial models are standardized frameworks or representations used to analyze, design, and optimize industrial processes and systems. They can include physical models, mathematical equations, or simulation tools that capture the behavior of industrial operations, such as manufacturing, supply chain management, or resource allocation. These models help organizations improve efficiency, reduce costs, and enhance decision-making by providing insights into process dynamics and potential outcomes.

Related Questions

What happens when an effective value chain is created?

Profit Margins Are Increased when an effective value chain is created.


What is value chain analysis?

The entire description can be found at:http://www.netmba.com/strategy/value-chain/ The APA reference for this site is: Net MBA, (2007). The value chain. Retrieved December 20, 2007, from Net MBA Web site: http://www.netmba.com/strategy/value-chain/


What is the biggest industrial chain I can buy?

There are several different sizes for industrial chains. Some of the biggest chains are a quarter inch.


What is value chain analysis in management accounting?

Value chain analysis is the process to determine which process of production is increasing the value of product and which is not so that the product manufacturing cost can be reduced by eliminating that process from the production chain.


What is the relationship between chain length and Rf value?

As a general rule the longer the carbon chain the greater the Rf value.


How is the virtual value chain different from the conventional value chain?

The virtual value chain differs from the conventional value chain primarily in its focus on information and digital processes rather than physical goods. While the conventional value chain emphasizes the sequential steps of production, logistics, and sales of tangible products, the virtual value chain incorporates activities such as data collection, analysis, and digital distribution. This shift allows for enhanced efficiency and responsiveness to customer needs through technology, enabling businesses to create value in a more agile and innovative manner. Ultimately, the virtual value chain highlights the significance of information as a critical asset in modern economies.


Where can i find a chain wrench for removing a crankshaft sprocket?

Chain wrenches are commonly sold in industrial equipment or auto parts stores.


Who has the power in the value chain?

customers


Indian retail industry value chain?

VALUE CHAIN IS BASICALLY STARTING FROM PROD'N TO REACHING THE OFFERING GOODS TO THE END CONSUMER .


Where in dell's value chain are they creating value for their customer?

tom clewlow


What is the significance of a value chain?

A value chain is the series of activities that a business performs in order to deliver a product or service to the marketplace. The value chain method is significant due to it being a powerful tool for analysis and strategic planning for the business model.


Are industrial chain link fences more secure than wood fences?

Chain link fences are more secure. These are also less labor intesive to install. Industrial chain link fences are more secure than wood fences, though they do not offer the privacy of a wood fence.