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Glossary   >   V   >   "Value Chain" Definition            Value Chain A high-level model of how businesses receive raw materials as input, add value to the raw materials through various processes, and sell finished products to customers. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Value Chain \ A high-level model of how businesses receive raw materials as input, add value to the raw materials through various processes, and sell finished products to customers.