Supply Chain, Value Chain, and Block Chain
What is a supply chain, value chain, and block chain? How can and will they impact strategy and does your strategic plan reflect that?
Provide examples.
David, F. R., David, F. R., & David, M. E. (2020). Strategic management concepts and cases: A competitive advantage approach (17th ed.). Pearson Education. ISBN-13: 9780135203699, I do not know if you have access to this book. Please keep it as simple as you can it do not have to be 275 pages it could be shorter.
Strategic Analysis, Management, and Planning Coursework
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A supply chain refers to a combination of entities (e.g., organizations) directly engaged in the downstream and upstream flows of finances, information, services, or products from the point of origin to the ultimate consumer. The value chain refers to the process of moving services or products from the conception stage/raw materials to ultimate consumption while creating value at the respective stages to generate a compelling value proposition (Rodrigo et al., 2019). A block chain refers to a virtual, decentralized, as well as distributed ledger whereby all transaction details are kept and summed sequentially to create tamperproof and permanent records (Rejeb et al., 2019).
A supply chain, the value chain, and block chain can impact strategy by influencing
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