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The map is oriented towards the customer or end-user, at the very top of the value chain (and therefore the highest component in the vertical dimension). Directly beneath the end-user are nodes representing the user needs the company seeks to meet, and beneath these in turn are nodes representing components required to meet these needs, and so on.
Additionally, extending the case study at hand to cover informants also from other organizations of the value chain could bring interesting new insights. Moreover, the development of a measure for value chain management capability requires much more work. Through further in-depth studies, it is possible to develop measures for rigorous testing.
A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of value to an end customer.The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.
The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
Creating shared value (CSV) is a business concept first introduced in a 2006 Harvard Business Review article, Strategy & Society: The Link between Competitive Advantage and Corporate Social Responsibility. [1]
The idea of GVCs did not have a single source. While there are connections to the notions of “commodity chain” introduced by Immanuel Wallerstein and “value chain” analyzed by Michael Porter, the GVC framework included distinctive elements that differentiated it from previous paradigms. The emphasis on the power of lead firms in global ...
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An agricultural value chain is the integrated range of goods and services (value chain) necessary for an agricultural product to move from the producer to the final consumer. The concept has been used since the beginning of the millennium, primarily by those working in agricultural development in developing countries , although there is no ...