List and Briefly Describe the Components of the Value Chain

question 33

Essay

List and briefly describe the components of the value chain that service companies can use to attempt to differentiate themselves from the competition.

Evaluate the impact of global operations on a company's competitiveness.

Recognize the importance of adapting business strategies to international markets.

Understand the role and implications of host and home countries in international business.

Comprehend the significance of a PEST analysis in evaluating international business environments.

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Definitions:

Trading (Debt) Securities

Financial instruments, such as bonds or notes, that are bought and sold with the intention of making a profit from short-term price fluctuations.

Historical Cost

The original monetary value of an asset or expense as recorded at the time of purchase or acquisition.

Fair Value

An estimate of the price at which an asset would trade in a competitive auction setting.

Long-Term Investments

Assets that a company intends to hold for more than one fiscal year, such as stocks, bonds, real estate, or investments in other companies.