What is the main difference between a supply chain and a value chain?
,A supply chain has different upstream and downstream linkages, whereas the value chain
has only downstream linkages.
A supply chain consists of the value-adding activities of a network of organisations, whereas
a value chain consists of the value-adding activities of a specific organisation.
A supply chain is focused on the supply activity, whereas the value chain is focussed on
value-adding activities.
A supply chain focuses its activities on satisfying the final consumer’s need, whereas a value
chain coordinates the supply chain activities of different supply chain role players.
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The correct answer is:
A supply chain consists of the value-adding activities of a network of organisations, whereas
a value chain consists of the value-adding activities of a specific organisation.
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The purchasing and supply function operates independently from the public relations
function and therefore their actions will not affect each other.
Select one:
True
, False
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The correct answer is 'False'.
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The difference between supply management and purchasing management lies in the
following:
Supply management activities are performed on tactical level, whereas purchasing
management is performed on strategic level
Supply management is strategic in nature, whereas purchasing management refers to
performing purchasing activities at a tactical level.
Purchasing management is an organisational function, whereas supply management is not
an organisational function.
Purchasing management refers to the actual purchasing process, whereas supply
management refers to the distribution of requirements internally to different users.
Feedback
The correct answer is:
Supply management is strategic in nature, whereas purchasing management refers to
performing purchasing activities at a tactical level.
,A supply chain has different upstream and downstream linkages, whereas the value chain
has only downstream linkages.
A supply chain consists of the value-adding activities of a network of organisations, whereas
a value chain consists of the value-adding activities of a specific organisation.
A supply chain is focused on the supply activity, whereas the value chain is focussed on
value-adding activities.
A supply chain focuses its activities on satisfying the final consumer’s need, whereas a value
chain coordinates the supply chain activities of different supply chain role players.
Feedback
The correct answer is:
A supply chain consists of the value-adding activities of a network of organisations, whereas
a value chain consists of the value-adding activities of a specific organisation.
Question 2
Incorrect
Mark 0.00 out of 1.00
Flag question
Question text
The purchasing and supply function operates independently from the public relations
function and therefore their actions will not affect each other.
Select one:
True
, False
Feedback
The correct answer is 'False'.
Question 3
Not answered
Marked out of 1.00
Flag question
Question text
The difference between supply management and purchasing management lies in the
following:
Supply management activities are performed on tactical level, whereas purchasing
management is performed on strategic level
Supply management is strategic in nature, whereas purchasing management refers to
performing purchasing activities at a tactical level.
Purchasing management is an organisational function, whereas supply management is not
an organisational function.
Purchasing management refers to the actual purchasing process, whereas supply
management refers to the distribution of requirements internally to different users.
Feedback
The correct answer is:
Supply management is strategic in nature, whereas purchasing management refers to
performing purchasing activities at a tactical level.
