Question

Which of the following statements is true of a value chain?

a. The pre- and postservice framework of a value chain emphasizes that service is a critical component of traditional manufacturing processes.

b. The input-output framework of a value chain suggests that the value chain begins with inputs from customers.

c. A value chain solely focuses on the operations function of an organization.

d. A value chain is narrower in scope than a supply chain.

Answer

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