The central feature of the value chain is its focus on activities and processes rather than functions or departments.

Name: The central feature of the value chain is its focus on activities and processes rather than functions or departments.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The value chain emphasizes the sequence of activities and processes a company performs to deliver a valuable product or service to the market, rather than focusing on the organizational structure or different departments.

The Central Feature of the Value Chain Is Its Focus