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  3. Global Value Chains

Global Value Chains (IBUS90008)

Graduate courseworkPoints: 12.5On Campus (Parkville)

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Overview

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Many of the products and services consumed in Australia and around the world are designed, manufactured and delivered via interdependent global value chains. Therefore, success of firms depends on their ability to manage these value chains dispersed across the world. This subject will discuss global value chains, their functioning, the challenges they face, and the strategies to manage them. Particularly, the subject will analyse the sociopolitical and economic conditions giving rise to global value chains, their governance and management, risks posed by them and the strategies to manage them, sustainability challenges in them, and their future.

Intended learning outcomes

On successful completion of this marketing subject, students should be able to:

  • Understand the emergence of global value chains
  • Understand the importance of global value chains to businesses and economies
  • Analyse the risks and challenges of global value chains, and formulate action plans to manage them
  • Appreciate the sustainability issues (social and environmental) involved in global value chains and develop knowledge to manage them
  • Analyse and synthesise different theories, models and ideas relevant to global value chains
  • Appropriately apply theories, models and ideas to different scenarios as presented in case studies and class materials
  • Critically evaluate usefulness of the different theories, models and ideas to manage global value chains

Generic skills

On successful completion of this subject, students should have improved the following generic skills

  • Intellectual development
  • Oral and written communication
  • Collaborative learning & teamwork
  • Problem solving
  • Application of theory to practice
  • Interpretation and analysis
  • Critical thinking
  • Receptiveness to alternative ideas

Last updated: 11 November 2024