A Supply Chain Is More Inclusive Than a Value Chain

question 48

True/False

A supply chain is more inclusive than a value chain.

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Definitions:

Ethical Responsibility

The duty to act in a morally correct manner, taking into account the impacts of one's decisions and actions on others and society.

Individual To Group

The psychological and social process where individual behavior shifts when they are part of a group, influencing and conforming to group dynamics.

Stakeholders

Individuals, groups, or organizations that have an interest or stake in the performance and actions of a company or project, affecting or being affected by its activities.

Societal Values

The commonly held standards and norms within a society that dictate what is considered morally right or wrong.