ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The difference between supply chain and supply chain management is____
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Supply chain: company network, supply chain management: information flow in the company network
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Supply chain: corporate network, supply chain management: management approach
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Supply chain: information flow, supply chain management: company network
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Supply chain: the flow of information, goods, money, supply chain management: management approach
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Explanation:
Detailed explanation-1: -The major difference between supply chain management and operations management is that the supply chain is mainly concerned with what happens outside the company – obtaining materials and delivering products – while operations management is concerned with what happens inside the company.
Detailed explanation-2: -To recap: the supply chain is the process between producing and distributing the product, dealing with the suppliers and logistics of getting the product to market. The value chain is a set of activities carried out by the company which maximises the competitive advantage.
There is 1 question to complete.