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Definition of value chain noun from the Oxford Advanced Learner's Dictionary

value chain

noun
 
/ˈvæljuː tʃeɪn/
 
/ˈvæljuː tʃeɪn/
(business)
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  1. the process or activities by which a company adds value to a product, including production, marketing, etc.
    • Every business needs to look very carefully at ways to optimize their value chain.
    Topics Businessc2
previously
adverb
 
 
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