Question: What is the difference between a supply chain and a value chain? value chains are focused in activities at the firm level while supply chains

What is the difference between a supply chain and a value chain?

value chains are focused in activities at the firm level while supply chains can involve several companies in charge of producing and distributing a particular product

supply chain is a major in the college of business while value chain is a concept in strategic management

supply chain refers to the economic activities that a particular industry develops to cope with increasing demand while value chain refers to the society movements that made companies choose for outsourcing labor overseas

supply chains focus on finding opportunities and threats while value chains focus on finding strengths and weaknesses

What is the difference between a supply chain and a value

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