INTB 3354 Study Guide - Final Guide: Value Chain, Dkny, Offshoring

175 views11 pages

Document Summary

Various functional areas will provide input to the planning staff, who will prepare a report for the strategy planning committee. Management often conducts a value chain analysis, which considers three key questions: a. b. c. A simplified value chain is given in fig. 10. 2: knowledge as a controllable corporate resource. Firms face ongoing challenges of creating mechanisms that will systematically and routinely identify opportunities for developing and transferring knowledge throughout international. Intb exam: tuesday april 26 operations, and for ensuring that subsidiaries are willing and able to both share what they know and to absorb knowledge from other units of the company. This process is referred to as knowledge management. Much valuable knowledge is tacit (known well by the individual but difficult to express verbally or document), and additional knowledge is implicit: define the corporate mission, vision, and values statements. These broad statements communicate to the firm"s stakeholders what the company is and where it expects to go.