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Document Details

AwedElation7560

Uploaded by AwedElation7560

Conestoga College

Dr. Kiranjot Kaur & luliia Kau

Tags

global value chain value chain analysis international trade business

Summary

These lecture notes provide an introduction to the concept of global value chains. They cover the definition, components, and examples of value chains. The notes also include a discussion on global trade, its relation to value chains, and the role of technology in expanding global trade and investment.

Full Transcript

Global Value Chain Chapter 1: Introduction to Global Value Chain 1.1 Introduction – G lobal Value Chain (p ressbooks.pub) Global Value Chain Licensed CC-BY-NC-SA 2 Cocoa: A Sweet Value Chain Global Value Chain Licensed CC-BY-NC-SA 3 Cocoa: A Sweet Value Chain 1)Summarize it...

Global Value Chain Chapter 1: Introduction to Global Value Chain 1.1 Introduction – G lobal Value Chain (p ressbooks.pub) Global Value Chain Licensed CC-BY-NC-SA 2 Cocoa: A Sweet Value Chain Global Value Chain Licensed CC-BY-NC-SA 3 Cocoa: A Sweet Value Chain 1)Summarize it 2)Tell a new word you have learnt 3)Can you guess the topic of discussion today? Global Value Chain Licensed CC-BY-NC-SA 4 Learning Objective(s) Define the term value chain, global value chain and outline its components. Global Value Chain Licensed CC-BY-NC-SA 5 Introduction It is easy to think that trade is just about business interests of different countries. But in real, global trade is much more. There is a convergence and, at times, a conflict of the interests of different — from businesses to governments to local citizens. In recent years, advancements in technology, a renewed enthusiasm for , and a global sentiment that favors free trade have further connected people, businesses, and markets—all flatteners that are helping expand global trade and investment. Global Value Chain Licensed CC-BY-NC-SA 6 Have you wondered how goods manufactured in other parts of the world are available in your nearby market? Global Value Chain Licensed CC-BY-NC-SA 7 Global Value Chain In 1985, Michael E. Porter introduced the term ‘Value Chain’ in his book “Competitive Advantage: Creating and Sustaining Superior Performance”. Since then, this concept has been used extensively by organizations to improve their functionality and operations. Global Value Chain is when an organization does the full range of activities including supply, production, marketing, sales, distribution, and support to the end consumer, across geographical locations to gain competitive advantage. Global Value Chain Licensed CC-BY-NC-SA 8 Assessing What You Already Know! – Q-Cells Mini Case 1.1 Introduction – Global Value Chain (pressbooks.pub) Global Value Chain Licensed CC-BY-NC-SA 9 Value Chain by Porter Global Value Chain Licensed CC-BY-NC-SA 10 Value Chain Framework There are two types of activities included in Value chain: 1. Primary Activity 2. Secondary/Support Activity 1.2 Components of Global Value Chain – Global Value Chain (pressbooks.pub) Global Value Chain Licensed CC-BY-NC-SA 11 Value Chain Examples How to perform a Value Chain Analysis (explaine d with Example)? A Simple Guide to Value Chain Analysis: How to b uild more Efficient Sales Processes. Global Value Chain Licensed CC-BY-NC-SA 12 Porter’s Value Chain: How to create value in your organization Global Value Chain Licensed CC-BY-NC-SA 13 Check Your Understanding 1.2 Components of Global Value Chain – Global Value Chain (pre ssbooks.pub) Global Value Chain Licensed CC-BY-NC-SA 14 Week 2 Reminders Readings: Chapter 1: Introduction to Global Value Chain 1.3 Value Chain and International/Global Trade – Global Value Chain (pressbooks.pub) 1.4 Global Value Chain and Global Supply Chain – Global Value Chai n (pressbooks.pub) 1.5 Summary – Global Value Chain (pressbooks.pub) Evaluation: Case Study # 1 (3%) Global Value Chain Licensed CC-BY-NC-SA 15

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