Order of the Golden Chain hospitals and convalescent homes for the sick, aged and orphaned. During World War II, the Order of the Golden Chain sold more than four million dollars of War Bonds, donated ambulances, mobile kitchens, and an airplane named "The Spirit of the Golden Chain." The United States government accorded the Order of the Golden Chain the honor of christening a Liberty ship, the "Louis L. Bamberger", in recognition of their good deeds. The Order incorporated its Charity Foundation and in 1945 in Blairstown, NJ, that Foundation established Camp Golden Chain for underprivileged children of all races, creeds and colors. Members of
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