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Provide two examples of similarities between a physical and a virtual value chain.

Provide two examples of similarities between a physical and a virtual value chain.

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Answer #1

Both physical and virtual value chains are customer focused. They are aimed at achieving customer satisfaction

Eg. While manufacturing a product, physical value chain ensures material is manufactured and delivered in time. While virtual value chain too ensures delivering quality product to customer as per their requirement. This ultimately results in customer satisfaction.

2. Both physical and virtual value chain result in growth of business

Eg. When customer is satisfied. Sales increase. The business grows.

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