How does a value chain analysis help a firm gain, Operation Management

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How does a value chain analysis help a firm gain

Please answer the question in a well written paragraph in your own words. ( no use of other websites answers, just use your own logic)

1. The text points out that from a resource-based view, you and your firm need to develop overwhelming capabilities to offset the liability of foreignness. However, how does a small firm do that?

2. How does a value chain analysis help a firm gain competitive advantage ?

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Operation Management: How does a value chain analysis help a firm gain

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