Referencing Styles : APA Value chain is a well-known approach to explaining the primary and support activities of manufacturing firms. The business activities of a university are quite different from those of a manufacturing firm. Consequently, knowledge of the business activities of a university is critical for designing and explaining the value chain of a university.Requirements:1. Undertake a review of literature to describe the concept and importance of value chain for a firm. Refer to 6 journal articles (visit CQU … View More Value chain is a well-known approach to explaining the primary and support activities of manufacturing firms. The business activities of a university are quite different from those of a manufacturing firm. Consequently, knowledge of the business activities of a university is critical for designing and explaining the value chain of a university. Requirements: 1. Undertake a review of literature to describe the concept and importance of value chain for a firm. Refer to 6 journal articles (visit CQU library to search journal articles). 2. Applying your knowledge of the AIS, design the value chains of Rio Tinto Group and Central Queensland University (visit their websites and download the annual reports). 3. Explain why the value chain of Central Queensland University is different from that of Rio Tinto Group. Read Less