The Term "Supply Chain" Is Almost Synonymous with "Value Chain

question 46

True/False

The term "supply chain" is almost synonymous with "value chain," encompassing both inbound and outbound logistics.

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Definitions:

Behavior Control

The manipulation of an individual's actions through regulations, rules, or other managerial strategies.

Position Power

The authority and influence a person possesses within an organization, derived from their job or official position.

Personal Power

The influence or authority a person has over others, derived from their skills, qualities, or personal attributes, rather than their formal position.

Organizational Sources

The origins from which organizations draw their power, authority, resources, and information, crucial for their operation and success.