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VALUE CHAIN: A CONCEPTUAL FRAMEWORK

, (1) 2016:74-77 ISSN 2229-600X74 VALUE chain : A CONCEPTUAL FRAMEWORK *Dilip Kumar&RajeevP. of Management Studies,Banaras Hindu University, Varanasi-221005, Uttar Pradesh, India*Corresponding Author objective of this article is to deepen the understanding of the VALUE concept as well as to enlighten the role of valuetocreate a chain which provides a basic FRAMEWORK for the development of goods or services. Any VALUE adding activities or strategywhichenlightenthecustomer VALUE chainis one of the recent and most popular trends to days. The concept ofvalue in VALUE chain is multifaceted and complicated.

the value chain influences the dynamics of firm behavior and this dynamic persuade how well the value chain performs. Value chain structure includes the five elements like end market, Business and enabling environment, vertical linkages, ... (2000) said that the supply chain and logistics management are the main function which is a supporting ...

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