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A '''commodity chain''' is a sequential process used by ]s to gather ]s, transform them into goods or ] and, finally, distribute them to consumers. In short, it is the connected path from which a good travels from producers to consumers. Commodity chains can be unique depending on the product types or the types of markets. Different stages of a commodity chain can also involve different economic sectors or be handled by the same business. | A '''commodity chain''' is a sequential process used by ]s to gather ]s, transform them into goods or ] and, finally, distribute them to consumers. In short, it is the connected path from which a good travels from producers to consumers. Commodity chains can be unique depending on the product types or the types of markets. Different stages of a commodity chain can also involve different economic sectors or be handled by the same business. | ||
A number of commentators have remarked that in the Internet age commodity chains are becoming increasingly more transparent. The Wikichains.com project has adopted the same wiki technology used by Misplaced Pages in order to help make commodity chains more transparent. "They are a network of labour and production processes whose end result is a finished commodity". William Jones Esq. | A number of commentators have remarked that in the Internet age commodity chains are becoming increasingly more transparent. The Wikichains.com project has adopted the same wiki technology used by Misplaced Pages in order to help make commodity chains more transparent. "They are a network of labour and production processes whose end result is a finished commodity". William Jones Esq. |
Revision as of 05:49, 5 October 2009
A commodity chain is a sequential process used by firms to gather resources, transform them into goods or commodities and, finally, distribute them to consumers. In short, it is the connected path from which a good travels from producers to consumers. Commodity chains can be unique depending on the product types or the types of markets. Different stages of a commodity chain can also involve different economic sectors or be handled by the same business.
A number of commentators have remarked that in the Internet age commodity chains are becoming increasingly more transparent. The Wikichains.com project has adopted the same wiki technology used by Misplaced Pages in order to help make commodity chains more transparent. "They are a network of labour and production processes whose end result is a finished commodity". William Jones Esq.
This economics-related article is a stub. You can help Misplaced Pages by expanding it. |