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Explain the relevance of the value chain model in respect of identifying and building strategic competence and capability

The subject is simply the following sentence : “Explain the relevance of the value chain model in respect of identifying and building strategic competence and capability, and outline circumstances of how an organization may gain or not gain competitive advantage from (1) the individual value activities and (2) management of the relationships within the value chain. It is expected that the assignment is 2000 – 2500 words.

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