A Value Chain Differs from a Supply Chain in That

question 70

Multiple Choice

A value chain differs from a supply chain in that a value chain:

• A) is a system of people, activities, information, and resources involved in creating a product and moving it to the customer.
• B) charts the path by which products and services are created and eventually sold to customers.
• C) is a broader concept than a supply chain.
• D) concept is fixated on how fast products can be made available to consumers.
• E) creation requires the components of agility, adaptability, and alignment.

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Definitions:

Social Perception

The process by which humans interpret and understand the social world, including the actions and intentions of others.

Social Investigation

The process of examining social behaviors, structures, and patterns within a society to understand, describe, and potentially address societal issues.

Dispositional Attribution

The tendency to attribute someone's behavior to inherent personality traits rather than to external situational factors.

Objective Attribution

Involves attributing someone's behavior to objective, situational factors outside of personal control, rather than to internal characteristics or motives.