“The value chain describes the full range of activities which are required to bring a product or service from conception, through the different phases of production (involving a combination of physical transformation and the input of various producer services), delivery to final consumers, and final disposal after use.”

References

“Kaplinsky, R., & Morris, M. (2000). A handbook for value chain research (Vol. 113). Brighton: University of Sussex, Institute of Development Studies. http://value-chains.org/dyn/bds/docs/395/Handbook%20for%20Value%20Chain%20Analysis.pdf
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