Question

Describe the following : - Value chain, Value network and Value shop.

Answer 1

Answer:

✔✔ Value network. A value network is a business analysis perspective that describes social and technical resources within and between businesses. The nodes in a value network represent people (or roles). ... Companies have both internal and external value networks ✔✔

Answer 2

$\huge\sf{Value\:Chain}$
Value Chain Definition. Value chain refers to the functional activities of a business that add value to its customers. The concept was created around 1985 by Michael Porter, Harvard Business School professor.