[Solved] According to the concept of the value chain, a firm is profitable if:

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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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