A value chain views an organization from an integrative perspective of goods and services, while a supply chain focuses mainly on the creation of physical goods.

Question

Quizplus · Accepted Answer

A value chain encompasses the entire process of creating and delivering a product or service, from raw materials to the final customer, while a supply chain focuses on the flow of physical goods from suppliers to manufacturers to distributors to customers.

A Value Chain Views an Organization from an Integrative Perspective