Contribution of GVCs and industry 4.pptx - Contribution of GVCs and industry 4.0 towards Sustainable Development Value chain outlines all activities

Contribution of GVCs and industry 4.pptx - Contribution of...

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Contribution of GVCs and industry 4.0 towards Sustainable Development. Value chain outlines all activities performed by firms and workers from conception to consumption of products. Such activities include; production, design, marketing, distribution, research and development and support to the final consumer. GVC examines how global industries govern their supplier networks and global-scale affliate. They also examine how these firms’ decisions affect economy of different countries globally.
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Cont’ Chain values regulates food manufucturing industries for for production of healthy food. This will help in reduction of hunger and poverty as part of the main sustainable development goal. GVC analyis ensures the food and beverage industries meet the health standards in their production and processes to ensure the well- being of people. Chain values factors the environmental effect on the society caused by industries.
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Cont’ Industry 4.0 has led to improvement of technology which promotes economic growth for a sustainable goals.
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