Examlex
When a firm creates a global web of value creation activities,the company disperses different stages of the value chain to those locations in the world where perceived value is maximized or where the costs of value creation are minimized.
Common
Pertains to something that is usual, shared by multiple entities, or occurring frequently.
Positive Externality
A benefit that affects someone who did not choose to incur that benefit, often related to economic activities.
Nominal
pertaining to names or terms, or representing values by names in certain contexts, such as nominal data in statistics which categorizes without a natural order.
Augmented
Enhanced or improved by adding features, components, or elements not originally present.
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