In the 1980s, Michael Porter of the Harvard Business School defined a value chain as a sequence of activities through which a product passes in order to create value and competitive advantage.

在1980年代，哈佛商学院的Michael Porter把价值链定义为一种产品为了创造价值和竞争优势所经历的一连串活动。

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Occupy the market by competitive product, create the market by outstanding service. "Forging HOTA Brand, Making Clients Satisfied" is the everlasting pursuit for HOTA.

和泰用产品抢占市场，用服务创造市场，“铸和泰品牌，让客户满意”是和泰永恒的追求。

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How can we create a sustainable, competitive product at an advantage to make us another leader in the manufacturing and labor force industry going forward, not just to get them back to work for a year or two, sir, but to get to work for the long term so they can grow the market on their own with their own product and their own work?

WHITEHOUSE: The Economy and the American Family

But I can guarantee you I will -- I look at this from the perspective of how can I create a strong, viable, competitive auto industry that is giving workers an opportunity to build a great product, take pride in that product, and continue to support their families and build communities that are strong.

WHITEHOUSE: Town Hall in Arnold, Missouri