Description
The purpose of this Assignment is for you to evaluate the impact of globalization on the value chain by applying elements from the Contemporary Value Chain model and additional decision-making factors.
Checklist:
- Use the APA formatted Microsoft Word document template in Course Documents titled “Unit 4 Assignment Globalization” as the starting point. Download the template and save it as your own document, for example, YourNameUnit4GB570.docx.
- Write an APA formatted 4–6-page paper, exclusive of the Title and References pages.
- In your paper, address the following requirements using the directions included within the Unit 4 Assignment template.
- Write your paper using third person perspective (do not use first or second person pronouns; (e.g., “I,” “me,” “you,” “we”).
- In your paper, apply the 21 elements from the Contemporary Value Chain model, plus additional decision-making factors (all listed below) to evaluate the impact of globalization on a value chain. Here is the list of considerations that need to be addressed in the paper; all are related to the ultimate goal to earn customer value (includes customer delight and profitability). Within each element, describe what decisions may need to be made, for what reason, by whom, for what reason and how the elements are interrelated.
21 Value Chain Elements
- Budgeting
- Competitive advantage
- Corporate social responsibility
- Culture
- Customer need
- External resources
- Financial
- Goals
- Idea generation
- Information management
- Infrastructure
- Leadership
- People – human resources
- People – customers
- People – shareholders
- Political (external)
- Political (internal)
- Product development
- Strategy
- Supply chain management
- Technological considerations.
- Include a conclusion summarizing the paper’s content without introducing any new information.
- Support your response’s content with at least three separate applied and cited references. Accepted sources are: Library article(s) and your textbook. No other internet references are acceptable for the Unit 4 Assignment. Apply and cite no more than one referenced sentence per paragraph. Not every paragraph requires use of a reference; originality is appreciated. Use APA in-text citations within the response and list the applied reference(s) at the end of the response using APA formatting. APA formatting resources are available in the Academic Tools area titled, “APA Style Central.”
- Proofread your paper, confirm correct APA formatting, run spell check and grammar check, and proofread again. Submit your completed paper into the Unit 4 Assignment Dropbox.
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Attached.
Running head: IMPACT OF GLOBALIZATION ON THE VALUE CHAIN
Impact of Globalization on the Value Chain
Student’s Name
Institutional Affiliation
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IMPACT OF GLOBALIZATION ON THE VALUE CHAIN
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Impact of Globalization on the Value Chain
Globalization has impacted the whole scenario of value chain and the whole aspect of
supply chain. Previously, during the time when there was very little convenience in areas such as
transport, technology and shipping, processes in value chain had to be carried out at the same
place that manufacturing was taking place for example (Spence, 2011). However, today, the
value chain has changed and as a result, it is possible to manufacture products from one palace,
package them in another and even export them for selling in different parts of the world due to
the flexibility of value chain management. Such a complex process of international production
and is known as global chain values (Jenkins, 2007). This paper will evaluate the impact that
globalization has had on value chain while applying the elements from contemporary value chain
management and other decision making factors.
One of the effects of globalization on value chain has been availability of qualified
human resource at a cheaper price. People who can be able to carry out activities such as
budgeting, financial responsibilities, leadership, and deal with people properly in human resource
department can today be available at a cheaper price. Due to globalization, it is possible to ship
labor from anywhere in the world. Adve...
