Value Chain Definition
Value Chain Definition:
The major business functions that add value to a company’s products and services. These functions consist of research and development, product design, manufacturing, marketing, distribution, and customer service.
Other Related Accounting Articles:
- Cost Structure
- Vertical Merger
- Sales Mix Variance
- Deferred Billing
- Sales Lead
- Service Department Costing
- Sales Mix
- Relationship Banking
- Business Model
- Warranty
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