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Exposition on Global Value chains

 A global value chain consist of a series of interrelated activities that entails the coordination of different levels of production activities from different countries. This now popular phenominum is being fueled by increased globalization and technological advancement which has enabled companies to conduct operations through outsourcing and offshore activities.  Basically, firms involved try to optimize their production process by establishing different plants across locations where there is a significant comparative advantage.   In recent years there have been a large form of technological advancement and organizations’ business models have changed drastically; now activities ranging from design, manufacturing, marketing, distribution and servicing of products can be done from separate locations, with each country ( plant) specializing in one or two aspects.   GVC has greatly impacted specialization issues and raised productivity. Diverse electronic communication means has also aide

ANOTHER ANGLE TO REJECTION

Rejection doesn’t reallly mean you are bad or not good enough, sometimes it might just be you seeking relevance from the wrong place or seeking gratification from the wrong person or crowd.  Try painting a mental picture of a nurse seeking engagement in a fashion shop or a chef hounding an engineering outlet for employment, similarly a rake  should not find its way into the kitchen- if all these situations happens they should all be prepared for serial rejection, as the same routine of activities is certain to produce similar results.  Fine you have been rejected again, please take a stop and reflect within yourself with these questions; 1. Why was I rejected?  2. Am I seeking acceptance/relevance from the wrong people/ place ? 3. Do I have the needed qualities to secure a place with this people/place ?  4. What skill do I have that will add value to this person/place ?  After providing definite answers to these questions you should know your stand and the reason for your now worrisome

Basic business ethics for startups

Random thought 💭   Any business that relies on the patronage from friends and family for it’s prosperity is bound to pack up sooner than expected because , such business rely solely on emotional patronage for continuous existence and growth.  For a business to thrive, its customers must chase value, get value for their money and not necessarily patronize your business because of emotional attachments and some unfounded feelings of entitlement.   The secret to organic business growth is value creation and in the service industry where service experiences are difficult to distinguish; friendly encounter at point of service delivery to clients is a game changer; though the same service is rendered by competitors but that friendly experience will stick to the memory of the customer and he/she will definitely be willing to have such experience again, that way such customer becomes loyal to your brand.   Another deal maker for business is rendering little but unsolicited advice on how best