Value Chain

(Noun) A classification scheme for the complete set of primary and supporting activities that contribute to the lifecycle of creating net value of a market offering.

Original Source: Competitive Advantage: Creating and Sustaining Superior Performance, Michael Porter, June 1998, published by Free Press

Reference: The Open Group Snapshot: The Open Group IT4IT™ Standard, Version 3.0: A Reference Architecture for Managing Digital (S220), February 2022, published by The Open Group