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Value Chain and Sociological Trends

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1. List and explain four current sociocultural trends in the U.S. that are transforming North America and the world.

2. Define a value chain and the significance of the center of gravity. Please also provide an example of a value chain from your place of work or from a company that you have researched.

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Solution Summary

This solution discussed the current trends in the United States from a sociological viewpoint, and one also discussed a value chain.

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1. List and explain four current sociocultural trends in the U.S. that are transforming North America and the world.

1. Pay gap between men and women is getting smaller (http://www.pewsocialtrends.org/2013/12/11/on-pay-gap-millennial-women-near-parity-for-now/)- Workplace equality has occurred between men and women now compared to that not as the case 20-30 years ago. At least 75% of women believe that this should happen; whereas, 57% of men are in agreement with this new prospect that is currently taking place.

2. Parents time with their children is viewed as more rewarding than their workplace (http://www.pewsocialtrends.org/2013/10/08/parents-time-with-kids-more-rewarding-than-paid-work-and-more-exhausting/)- Parents view the time spent with their children as meaningful (62%), which is then compared to 36% ...

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