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Which of the following is a difference between a supply chain and a supply network? Select ALL that apply.
Suggested Answer: B, C, D
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A supply chain is a simple, linear system where products move from A B C.
A supply network is multi-layered, with horizontal and vertical connections, making it more complex.
Dimension difference (B): Supply networks have larger dimensions, with multiple supply channels and flows.
Complexity (C): A supply network is more intricate than a single supply chain.
Number of players (D): Supply networks involve more entities than a simple supply chain.
Profit made (A) is incorrect, as both supply chains and supply networks can be profitable.
Location of players (E) is incorrect, as both supply chains and networks can be local or global.
(LO 1.1, See p.8)
30 comments · newest first
BE
Benton
10 months ago
Wait, are we sure about the dimension difference? Seems a bit vague.
SU
Sunshine
11 months ago
Totally agree, complexity is a big factor!
EM
Emerson
11 months ago
Supply networks are usually more complex than supply chains.
JO
Jose
11 months ago
Number of players involved definitely sets them apart!
AL
Alita
11 months ago
I think profit made is also a key difference.
PE
Peggie
11 months ago
Location of the players seems like it could be relevant, but I can't recall if it's a major difference. I need to think about that one more.
PO
Portia
12 months ago
I think we had a practice question about the number of players involved. Supply networks definitely have more players than a traditional supply chain, right?
TE
Terrilyn
12 months ago
I'm not entirely sure about the profit aspect. I feel like both can be profitable, but maybe the way profit is generated differs?
KA
Kasandra
1 year ago
I remember we discussed how supply chains are usually linear, while supply networks can be more complex. So, I think complexity might be a key difference.
HO
Howard
1 year ago
This seems straightforward. The main difference is the dimension and complexity of the network. I'm confident I can identify the correct answer.
VI
Vi
1 year ago
I've got a strategy - I'll start by identifying the clear differences, like complexity and number of players. Then I'll see if any of the other options also apply.
AI
Ailene
1 year ago
I'm a bit confused on this one. I'm not sure I fully understand the distinction between a supply chain and a supply network. I'll have to review my notes.
GI
Gilma
1 year ago
Okay, let's see. I think the key differences might be in the complexity and number of players involved. I'll need to read the options closely.
MA
Malika
1 year ago
Hmm, this is a tricky one. I'll need to think carefully about the differences between supply chains and supply networks.
DO
Dorian
2 years ago
Wait, is this exam on supply chain management or a treasure hunt? I'm seeing a lot of 'players' involved!
CR
Cruz
1 year ago
E) Location of the players
PA
Pamella
1 year ago
D) Number of players involved
AZ
Azalee
1 year ago
B) Dimension difference
ER
Erick
1 year ago
A) Profit made
BU
Buck
2 years ago
Profit made? Nah, that's not really a difference. Guess I'll just go with C and D as the best options.
CH
Chauncey
2 years ago
Location of the players? That's a good one. Gotta consider the global scope of a supply network compared to a local chain.
IZ
Izetta
2 years ago
Well, the number of players involved is a pretty obvious one. A network just has more moving parts, you know?
TR
Trinidad
2 years ago
I think both the number of players and the location of the players play a role in differentiating between a supply chain and a supply network.
AR
Ardella
2 years ago
I believe the location of the players is also a distinguishing factor.
PR
Precious
2 years ago
I agree with Yuonne, the number of players is definitely a key difference.
YU
Yuonne
2 years ago
I think the difference is in the number of players involved.
LA
Lawrence
2 years ago
Hmm, I think the key difference is the complexity. A supply network is definitely more intricate than a simple supply chain.
JO
Jospeh
2 years ago
D) Number of players involved
SH
Shawnda
2 years ago
C) Complexity
DE
Dean
2 years ago
A) Profit made