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Q. |
According to the concept of the value chain, a firm is profitable if: |
A. | the value it commands equals the costs involved in creating the product. |
B. | it operates in global industries |
C. | the value it commands exceeds the costs involved in creating the product |
D. | the value it commands is lower than the costs involved in creating the product |
Answer» C. the value it commands exceeds the costs involved in creating the product |
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