The essence of a value chain lies in the fact that as all products undergo a variety of processes of a value chain in a particular specific order and as the product moves Email Database towards the final stage of the value chain, the product gets better and better leading to value addition. This value addition on the product through a chain of activities is considerably far more than the Email Database total value of any independent activity. It would be inappropriate to merge the idea of the value chain with the cost involved throughout the process.
Citing an example, a rough diamond is cheaper than a cut diamond, yet as it passes through the processes of cutting, it gains more value in terms of price. While the Email Database activity of cutting may be considerably low cost-wise, yet the cutting enhances value of the end product of a Email Database cut diamond. The structure of the value chain proves to be a potent analyzing tool particularly for strategic planning purposes and became a tremendous success during the early '90's being at the forefront of the management concept.
The notion of a value chain has the capability of expanding further than individual firms and can be used for complete distribution networks and supply chains. Diverse Email Database economic factors emerge in the process of delivering a mix of products and services, each Email Database managing its own value chain. The synchronization of these local value chains form an extensive value chain which at times reaches across the global extent. This