Order of the Golden Chain Order of the Golden Chain The Order of the Golden Chain is a fraternal social organization for Freemasons and their immediate female relatives. The Order of the Golden Chain originated in June 1929 in Asbury Park, New Jersey, when a group of Master Masons and their female relatives met to fulfill a need for a non-sectarian fraternal organization that would be related to Masonry. This was made necessary as the result of the break with the Order of the Eastern Star, caused by the passage of a mandatory resolution which changed the status of the organization from what had been
Value chain its own value chain. The industry wide synchronized interactions of those local value chains create an extended value chain, sometimes global in extent. Porter terms this larger interconnected system of value chains the "value system". A value system includes the value chains of a firm's supplier (and their suppliers all the way back), the firm itself, the firm distribution channels, and the firm's buyers (and presumably extended to the buyers of their products, and so on). Capturing the value generated along the chain is the new approach taken by many management strategists. For example, a manufacturer might require its parts