A Supply Chain Differs from a Value Chain in That

question 44

Multiple Choice

A supply chain differs from a value chain in that:

• A)It consists of upstream business activities
• B)It consists of downstream business activities
• C)It is a cooperative effort
• D)It considers designing the product
• E)It uses a decision tree

---

Definitions:

Education Provided

The act or process of imparting or acquiring knowledge, skills, or values through various methods such as schooling, training, or research.

School-age Population

The group within a population that falls within the mandatory schooling age range, typically considered as children and adolescents.

Price Floor

A legally established minimum price for a good, or service. Normally set at a price above the equilibrium price.

Legal Price

The price set by law or regulation, often minimum or maximum limits on what can be charged for goods or services.