Evaluate the impact of globalization on the value chain by applying elements from the Contemporary Value Chain model and additional decision-making factors. Apply the 21 elements [budgeting, competitive advantage, corporate social responsibility, culture, customer need, external resources, financial, goals, idea generation, information management, infrastructure, leadership, people – human resources, people – customers, people – shareholders, political (external), political (internal), product development, strategy, supply chain management, technological considerations] taken from both the Contemporary Value Chain model and additional decision-making factors, to evaluate the impact of globalization on a value chain. All elements are related to the ultimate goal to earn customer value (includes customer delight and profitability). Required:
Within each element, describe what decisions may need to be made, for what reason, by whom, for what reason and how the elements are interrelated.