Global value chain and domestic value chain - Coursework Example

Comments (0) Cite this document
This essay desrcribes value chains in business comprise of the Global and domestic value chains.The activities or types of value chain include the operations, marketing and sales, service, and logistics amongst others.Global and domestic value chains is that marketing and sales…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.6% of users find it useful
Global value chain and domestic value chain
Read TextPreview

Extract of sample "Global value chain and domestic value chain"

Global value chain and domestic value chain Introduction Value chains in business comprise of the Global and domestic value chains. However, the activities or types of value chain include the operations, marketing and sales, service, and logistics amongst others (Gereffi, Humphrey & Sturgeon, 2005). Considering the essence of comparison, in this case, the choice of global and domestic value chains is that marketing and sales.
Example 1: Global value chain in marketing and Sales
Managers of marketing and sales in the Global value chain are likely to face the challenge of diversity in cultures, religion amongst other factors that show diversity in the society. For instance, it becomes harder for a manager in the global value chain to establish the demands of a particular cultural group in a country that the firm intends to establish a market. Therefore, there is the likelihood of using resources to carry out research before making marketing advances.
Example 2: Domestic Value chain in Marketing and Sales
The challenge of the diversity of preference among customers facing a manager in a domestic value chain is minimal compared to that of a global value chain (Gereffi, Humphrey & Sturgeon, 2005). However, there is a high feasibility of competition by external investors. Thus, aspects such as pricing strategies are necessary. The most prevalent ways of resolving these issues including conducting a reconnaissance on the market before starting the operations. Alternatively, better marketing strategies ought to be instituted to facilitate successful decisions.
Description of value chains from a pre and post production service perspective.
Global value chain and examples
The marketing and sales element of the global value chain starts by assessing and seeking authorization before starting to operate, especially in foreign countries. After production of the services, the value chain is conducted or manned considering the market status in particular nations in which it has invested. For instance, Coca-Cola Company operates and markets products in countries after complying with the market rules. Similarly, Toyota Company manages to invest in countries after it complies with the trade restrictions and regulations.
Domestic value chain and examples
Alternatively, the value chain the domestic value chain does not face a series of obstructions and necessities before and after instituting the services in the domestic market. For instance, Coca-Cola Company freely operates in the mother country and faces the challenge of market completion only. The same case applies to Toyota Company of Japan. Thus, the costs and revenue associated with these value chains also differ accordingly.
Gereffi, G., Humphrey, J., & Sturgeon, T. (2005). The governance of global value chains. Review of international political economy, 12(1), 78-104. Read More
Cite this document
  • APA
  • MLA
(“Global value chain and domestic value chain Coursework”, n.d.)
Global value chain and domestic value chain Coursework. Retrieved from
(Global Value Chain and Domestic Value Chain Coursework)
Global Value Chain and Domestic Value Chain Coursework.
“Global Value Chain and Domestic Value Chain Coursework”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Global value chain and domestic value chain

Value Chain Model

...?Introduction: The Value Chain Model was a concept framed by Michael Porter. He introduced this model in his book, Competitive Advantage (1885), to explain a range of activities that are common to a wide range of firms. The aim of most of these activities is to offer the customer a certain threshold of value that exceeds the cost of conducting activities and reaps profits for the business. The report will put to light the Value Chain Model of the firm Audible, Inc (www. Audible, Inc is a subsidiary of Amazon, Inc. It pioneers in the provision of digital spoken audio information and entertainment on the web. It thus offers the customers...
5 Pages(1250 words)Research Paper

Value Chain management

...?Process Improvement and Relationship Management As far as process improvement and relationship management is concerned, one of the key complementorsin this regard is the need for the automobile industry to align its business goals with those of the society known as corporate social responsibility (Aras & Crowther, 2009). Nissan, in pursuit of strategy, identified 8 key areas (Appendix 1) one of which was the value chain (Nissan, 2011). The CSR Scorecard (Nissan, 2011) (Appendix 2) helps the company balance its short term goals with long term (CSR) goals which has led to the company’s adoption of Kaizen (continuous improvement) and Kanban (used to gain efficiency in terms of short lead time, hence, prompt...
2 Pages(500 words)Essay

Value Chain

...of manufacturing of quality and innovative furniture products. The company aims to achieve its mission and vision by fulfilling the needs of varied customers spread at different locations globally. The company ensures that it provides the best quality products at the best and affordable prices which are further accompanied with best services within the industry (Ashley Furniture Industries Inc, “A Proud History and Poised for a Formidable Future”). Thesis Statement The paper critically identifies the value chain activities practiced by Ashley Furniture Industries, Inc and briefly recommends on various core areas of the company in relation to value chain....
6 Pages(1500 words)Term Paper

Adidas Value Chain Analysis

...? ADIDAS VALUE CHAIN ANALYSIS Discussion The brand of Adidas Group is a combination of the of the founder and the company name, and is structured in three main divisions, which entail the Adidas sport performance, heritage, and sport style. For years, Adidas Group maintains its trademark as the major producer of sport products such as shoes, apparel and accessories globally. According to Porter, value chain analysis denotes all the undertakings that increase value to the organizational amenities and products. Such activities must be operated at an optimum level for Adidas Group to surpass the cost of operation, for instance, clients should return to the company and willingly and freely do some transactions, (Porter, 1985... , technical...
3 Pages(750 words)Research Paper

Value chain contain activities that are tightly integrated and often managed on a day-to-day basis. The globalisation of value chains is motivated by a number of factors. Increase efficiency Continuous growth of competition in domestic and international markets forces firms to become more efficient and lower costs. One way of achieving that goal is to source inputs from more efficient producers, either domestically or internationally, and either within or outside the boundaries of the firm. New emerging markets Emergence of new markets and access to strategic assets that can help tap into foreign knowledge is one of the important motivations of global...
11 Pages(2750 words)Case Study

Value Chain Analysis

...Value Chain Analysis Table of Contents 2 2 3 Value Chain Analysis 4 Wal-Mart 5 Cost Management in Wal Mart 5 Application of Information System 6 Challenges 7 Conclusion 7 References 8 Abstract Value chain is crucial strategic tool which is widely used in strategic cost management which is again an important part of the management accounting. In today’s competitive world almost all the organizations use value chain... for...
2 Pages(500 words)Research Paper

Value Chain Management

... affected the world not only on a macro level but micro level as well, changing not only the way we do business but also international dealings and way of life world over. The sufferers of globalization have to understand requirements of living in the modern era. Questions must be asked regarding roots of their deprivation and steps that can improve their conditions. A few questions that need to be asked are what can be done to reduce these after effects of globalization. This is where the value chain enters the picture. It can be said without doubt that superior understanding of value chain by developed countries is one of the major factors, contributing to this global income inequality. The concept of value chain also points us... . In a...
14 Pages(3500 words)Essay

Value chain

...organizations, - meaning that the product is rare – in appearance, in quality or any other feature. In addition, a competitive advantage is also gained when the organization is able to streamline all its activities, its value chain, in such a manner that the most cost effective combination of processes are achieved which deliver better value to the customer. In the case of Google, its core competency of providing ‘lightening fast high quality Internet search’ differentiates it from other search engines. The core competency of Google in Search Engine makes it the best suited service provider for not only direct generic searches but also establishes its credibility for online ads...
2 Pages(500 words)Essay

Value-chain for loreal

...Value Chain for L’Oreal Table of Contents Introduction 3 Value Chain Analysis 3 Inbound Logistics 3 Operations 3 Outbound Logistics 4 Marketing and Sales 4 Service 4 Firm Infrastructure 5 HRM 5 Technology Development 5 Procurement 5 Conclusion 6 References 7 Appendix 8 Introduction L’Oreal is one of the leading Clichy based French cosmetics and beauty multinational companies. L’Oreal is the largest organization in the global personal care industry in terms of profitability and revenue generation. This assignment will conduct an internal value chain analysis for L’Oreal in order to determine how the organization is adding...
2 Pages(500 words)Assignment

Value Chain Framework for provision of more-advanced functionality. House-sourced technology tends to have been slightly increased within the stage as well. Here, companies develop specific applications for supplementing the core ERP functionality. Within this level, the amount of outsourced technology reduces the typically reduced functionality of some SCM SaaS solutions is deemed to be too functionally light, and on-premises BOBs are preferred. (Dua et al., 2011) Despite investing for growth, companies are aware that the disruption potential at any time does not vanish. Many work towards improving their Value chains’ resiliency for this risk mitigation. The past year brought about disruptions of...
5 Pages(1250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Coursework on topic Global value chain and domestic value chain for FREE!

Contact Us