Definition
The value chain refers to the series of activities and processes through which a company adds value to its products or services from raw material sourcing to the delivery of the final product to customers. It encompasses primary activities such as inbound logistics, operations, outbound logistics, marketing, sales, and service, as well as support activities such as procurement, technology, human resources, and infrastructure, aimed at creating and delivering value to customers and stakeholders.
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Private Limited Company (Ltd)
A Private Limited Company (Ltd) is a type of company where the ownership is divided into shares held by a small number of shareholders. The liability of shareholders is limited to the amount unpaid on their shares, and the company’s shares cannot be traded publicly on the stock exchange.
Limited Liability Partnership (LLP)
A Limited Liability Partnership (LLP) is a business structure where partners have limited personal liability for the debts and obligations of the partnership. Each partner’s liability is limited to their investment in the LLP, and they are protected from the actions of other partners.