Global Chain
A "Global Chain" refers to a network of interconnected businesses and organizations that work together to produce and distribute goods and services across international borders. This system allows companies to source materials, manufacture products, and sell them in various markets around the world, enhancing efficiency and reducing costs.
The concept of a global chain is often associated with supply chain management, which involves coordinating activities from raw material extraction to final delivery. Key players in this chain include manufacturers, distributors, and retailers, all of whom contribute to the overall process of bringing products to consumers globally.