A Value Chain Is a Supply Chain, but Its Emphasis

question 45

Multiple Choice

A value chain is a supply chain, but its emphasis in on examining how value

• A) is perceived by the customer.
• B) is created or destroyed by a channel member.
• C) is compared to the competition.
• D) can be added at the point of purchase.
• E) can be added during the product development phase.

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Definitions:

Performing Activity

The act of carrying out tasks or duties that contribute to the achievement of specific objectives.

Geographical Adjustments

modifications made to policies, wages, or prices to reflect the cost of living or market conditions in different locations.

Warehouse Inventory

The stock of goods and materials held by a company in a warehouse for processing or distribution.

Transportation Costs

Expenses associated with moving goods or individuals from one location to another, including fuel, labor, and vehicle maintenance.