Where the Value Chain Might Suggest Internal Areas of Strength

question 48

Short Answer

Where the value chain might suggest internal areas of strength, __________ helps predict whether those strengths will give it a competitive advantage.
Short

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Definitions:

Private Saving

The portion of individual or household income that is not spent on consumption but saved for future use.

Private Investment

The expenditure by businesses on capital goods, such as machinery and buildings, and changes in inventories.

Crowding-Out Effect

A situation where increased government spending leads to a reduction in private sector investment.

Fiscal Policy

The use of government spending and taxation to influence the economy.