value chain

What activities a company’s business undertakes is directly linked to achieving competitive advantage and thus adding value.
For example, a business which wishes to outperform its competitors through differentiating itself through higher quality will have to perform its value chain activities better than the opposition.
By contrast, a strategy based on seeking cost leadership will require a reduction in the costs associated with the value chain activities, or a reduction in the total amount of resources used.

2007-10-28 12:10:46 補充：
O.K.嗎?