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Value chain
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===Support activities=== {{Unreferenced section|date=June 2023}} Using support activities helps make primary activities more effective. Increasing any of the four support activities helps at least one primary activity to work more efficiently. *Infrastructure: consists of activities such as [[accounting]], [[Corporate law|legal]], [[finance]], [[control (management)|control]], [[public relations]], [[quality assurance]] and [[Strategic management|general (strategic) management]]. *[[Research and development|Technological development]]: pertains to the equipment, hardware, software, procedures and technical knowledge brought to bear in the firm's transformation of inputs(Raw materials) into outputs (finished goods). *[[Human resources management]]: consists of all activities involved in recruiting, hiring, training, developing, compensating and (if necessary) dismissing or laying off personnel. *[[Procurement]]: the acquisition of goods, services or works from an outside external source. In this field company also makes decisions of purchases.
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