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In brief:

As we saw in the previous section, the business process takes place in stages or phases. The investments and transformation processes of later stages build upon, and are connected to, input from earlier stages. This applies to non-marketable input and to input that has externalities and can be used as a public good in numerous subsequent business activities without being used up in the process.

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© 2009 Springer-Verlag Berlin Heidelberg

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(2009). Resources. In: Management Between Strategy and Finance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-85275-9_2

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