Value chain management is internally oriented and focuses on efficient flow of incoming materials to the organization.

Question

Quizplus · Accepted Answer

Value chain management is not just internally oriented but also externally oriented, as it involves managing the flow of goods and services from suppliers to customers. It aims to increase value for customers and stakeholders by optimizing the entire chain of activities involved in producing and delivering a product or service.

Value Chain Management Is Internally Oriented and Focuses on Efficient