Search results
Results from the WOW.Com Content Network
A value chain is a progression of activities that a business or firm performs in order to deliver goods and services of value to an end customer.The concept comes from the field of business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance.
Chapter 4 (“The governance of global value chains,” co-authored by Gereffi, Humphrey and Sturgeon) is the top-cited GVC article with over 11,000 Google Scholar citations; chapters 2 and 3 have over 5,000 citations each; and chapters 5, 6, 8, 11 and 14 each have over 1,000 citations. [b]
Global value chains are a network of production and trade across countries. The study of global value chains requires inevitably a trade theory that can treat input trade. However, mainstream trade theories (Heckshcer-Ohlin-Samuelson model and New trade theory and New new trade theory) are only concerned with final goods.
Analysis of the global production networks relies on the use of the input-output tables that links firms through the transactions involved in the product creation. Commodity chain literature considers firms as the nodes in a number of chains that transform inputs into outputs through a series of interconnected stages of production, later linked ...
By using the gathered data, it is easier for organizations to prioritize their future goals. [3] QCD helps break down processes to organize and prioritize efforts before they grow overwhelming. [4] QCD is a "three-dimensional" approach. If there is a problem with even one dimension, the others will inevitably suffer as well.
Fjeldstad and Stabell define a value network as one of three ways by which an organisation generates value. [3] The others are the value shop and value chain. Their value networks consist of the following components: customers, a service that enables interaction among them, an organization to provide the service, and; contracts that enable ...
With Sunday's 32-26 overtime loss to the Miami Dolphins, the Jets (3-10) were officially eliminated from playoff contention, extending the NFL's longest active postseason drought – and worst in ...
The metamodel must support the analysis of the activities of the value chain to support the identification of differentiators. The internal value chain should as such be part of the metamodel. A capability analysis must be possible. This is closely linked to the second requirement. A capability is the possibility to execute some sort of activity.