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Tuesday, January 18, 2011

Chain of production

Chain of production: The process that raw materials or other primary inputs go through from the start of production to the completion or delivery of a final product or service. Examples: Hotel industry (e.g. Hilton), Retail banking (e.g. Lloyds TSB), Online education (e.g. tutor2u), Fast food retailing (e.g. Dominos Pizza), Insurance (e.g. Direct Line)

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