The Firms Create Value Through Production-Transforming Less Valuable Inputs into More

question 39

Multiple Choice

The firms create value through production-transforming less valuable inputs into more valuable outputs-and also through:

• A)Entrepreneurship: creating new businesses.
• B)Restructuring: turning around,and selling off divisions or units.
• C)Commerce: transferring products across space and time from where they are valued less to where they are valued.
• D)Marketing: presenting products in a way that makes them more valuable to customers.

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Definitions:

Lamp(s)

Devices that produce light, typically through the use of a bulb, filament, or LED.

Anteversion

A forward tilt of an organ, especially the uterus, from its normal position.

Uterus

A female reproductive organ where a fertilized egg can develop into a fetus; also known as the womb.

Premenstrual Syndrome

A group of symptoms, including mood swings and physical discomfort, that occur in some women a week or two before their menstrual period starts.