IDNLearn.com makes it easy to find the right answers to your questions. Discover comprehensive answers to your questions from our community of knowledgeable experts.
Sagot :
True. The creation of a global web of value creation activities involves different stages of the value chain being dispersed to those locations around the globe where perceived value is maximized or where the costs of value creation are minimized.
What is value chain?
A value chain is a series of activities carried out by a company in a certain industry in order to deliver a valuable product to the end customer.
The value chain framework includes five core activities: inbound operations, operations, outward logistics, marketing and sales, and service, as well as four auxiliary activities: procurement and purchasing, human resource management, technical development, and firm infrastructure.
Value chains aid in increasing a company's efficiency, allowing it to provide the most value at the lowest feasible cost. The ultimate purpose of a value chain is to give a company a competitive edge by boosting productivity while keeping costs low.
To know more about value chain follow the link:
https://brainly.com/question/1380316
#SPJ4
Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Thank you for choosing IDNLearn.com. We’re here to provide reliable answers, so please visit us again for more solutions.
