A value chain is a way of organizing the activities that each strategic business unit undertakes to design, produce, promote, market, deliver, and support the products or services it sells.
A value chain is a business model that describes the entire process of creating a product or service.
A value chain is the sequence of steps that a company takes to bring a product from conception to distribution, including the procurement of raw materials, manufacturing functions, and marketing activities.
Value-chain analysis is performed by a company by evaluating the detailed procedures involved in each step of its business.
A value-chain analysis seeks to improve production efficiency so that a company can deliver maximum value at the lowest possible cost.
Hence, value-chain is the answer.
Learn more about value-chain:
https://brainly.com/question/1380316
#SPJ4
