Which of the following statements about the global value chain is/are true?
1. The global value chain refers to the full range of activities involved in creating a product, from conception to delivery and beyond, often spread across multiple countries.
2. A company participating in the global value chain only focuses on manufacturing and does not engage in design, marketing, or sales activities.
3. Global value chains allow firms to benefit from cost efficiencies by outsourcing specific stages of production to locations with lower labor costs.
Your result is as below :
October 3, 2024
October 2, 2024
October 1, 2024
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