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The __________ phase of the value chain includes product development and linkage with suppliers while the _______________ phase refers to linkages with customers.

User Surfen
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Final answer:

Inbound logistics in the value chain involve product development and supplier coordination, while outbound logistics focus on customer connections, including sales and marketing.

Step-by-step explanation:

The inbound logistics phase of the value chain includes product development and linkage with suppliers, which is evident in activities such as locating suppliers for components and developing a manufacturing system. On the other hand, the outbound logistics phase refers to linkages with customers, which includes identifying a sales and marketing team and focusing on advertising and marketing efforts. This segmentation allows for specialization in the production process, leading to economic gains through intra-industry trade that benefits from workers and firms focusing and innovating on particular products or parts of the value chain.

User Gyrolf
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