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An opportunity flow diagram is used to separate the value-added from the non-value-added steps in a process.
Bargaining Power
The relative capacity of parties in a negotiation to influence the terms of their agreement.
Globalization
The act of connecting and merging between individuals, businesses, and state entities globally, frequently motivated by international trade and investment, and supported by information technology.
Financialization
The increasing dominance of financial markets, financial motives, financial institutions, and financial elites in the economy, affecting the management and control of companies and even governments.
Information Technology
The use of computers, networking, and other physical devices and processes to create, process, store, secure, and exchange all forms of electronic data.
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