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With costs and competition rising faster than ever, only businesses that find ways to increase value for their customers and shareholders can thrive in today's market. Michael Porter's value chain concept holds that certain activities within a business represent opportunities for adding value to the product or service the business provides. In general, these activities are profit-generous that can be distinguished from the overhead and support functions of commercial distributors and company warehouses. Value adding functions often relate directly to the specifics of the individual business. Following are some value-added functions that are highlighted to be common to most businesses and should be familiar to anyone who depends on their ... (fill out the form below to read more)


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