DEFINITION: According to John Del Vecchio writing for Fool.com, a value chain is "a string of companies working together to satisfy market demands." The value chain typically consists of one or a few primary value (product or service) suppliers and many other suppliers that add on to the value that is ultimately
… Definition continues below.
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Strategy is the common thread of an integrated planning and management system. Read this paper and learn the best processes for developing strategic themes and how to see results from your vision.
VALUE CHAINS DEFINITION (continued): … presented to the buying public.
Microsoft and its Windows operating systems, the nucleus of the personal computer desktop for which much business software is developed, is often cited as a prime example of a company and product that drives a value chain. The businesses who buy personal computer software may spend far more on the add-on software than on the essential operating system that is the de facto standard for running the software. To the extent that companies standardize … Value Chains definition sponsored by SearchCIO.com, powered by WhatIs.com an online computer dictionary
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