When a firm creates a global web of value creation activities, the company disperses different stages of the value chain to those locations in the world where perceived value is maximized or where the costs of value creation are minimized. True or false?.

Respuesta :

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.

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