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value chain

Syllabification: val·ue chain

Definition of value chain in English:

noun

The process or activities by which a company adds value to an article, including production, marketing, and the provision of after-sales service.
Example sentences
  • Meanwhile, Thailand will continue to struggle with an education system inadequate for moving up the value chain.
  • Captives of global firms are also moving up the value chain.
  • For a start, the suffering of technology firms depends on how high up they are in the value chain.

Definition of value chain in:

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