global value chain Meaning in the Cambridge English Dictionary
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Meaning of “global value chain” in the English Dictionary

"global value chain" in Business English

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global value chainnoun [C]

uk   us   MARKETING, PRODUCTION
the different ​processes in different ​parts of the ​world that each ​addvalue to the ​goods or ​services being ​produced: By ​joining a ​globalvaluechain, ​smallenterprises have the ​ability to ​transform their ​business into an ​internationaloperationoffering greater ​opportunities.
(Definition of global value chain from the Cambridge Business English Dictionary © Cambridge University Press)
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