The value chain is also called the supply network.

Question

Quizplus · Accepted Answer

The value chain and the supply network are related concepts but they are not the same thing. The value chain refers to the series of activities that a company undertakes in order to create and deliver a product to its customers, while the supply network refers to the network of suppliers, manufacturers, distributors, and retailers that are involved in the production and distribution of a product.

The Value Chain Is Also Called the Supply Network