An organisation's value chain often includes suppliers and customers.

Question

Quizplus · Accepted Answer

An organisation's value chain includes all the activities that add value to its products or services, from raw materials acquisition to delivery to customers. Suppliers are a crucial part of this chain, providing the inputs necessary for production, while customers are the ultimate beneficiaries of the value created by the organisation's activities. Therefore, both suppliers and customers are typically included in an organisation's value chain.

An Organisation's Value Chain Often Includes Suppliers and Customers