A firm creates a(n)_____ by dispersing different stages of its value chain to those locations around the world where the value added is maximized or where the costs of value creation are minimized.

Question

Quizplus · Accepted Answer

The term used to describe a firm's strategy of dispersing different stages of its value chain around the world is a "global web". This strategy seeks to maximize value added and minimize costs by locating each stage of the value chain in the most advantageous location. The other answer choices (A, B, D, and E) are not commonly used terms to describe this strategy.

A Firm Creates A(n)_____ by Dispersing Different Stages of Its