If a Value Chain's Margin Is Positive,the Company Must ________

question 38

Multiple Choice

If a value chain's margin is positive,the company must ________.

• A) try to increase the value
• B) reduce the cost of the value chain
• C) retain its present practices
• D) change its present practices

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Definitions:

Work Arrangements

Work arrangements refer to the terms and conditions under which work is performed, including aspects like hours, location (remote or onsite), contract type, and flexibility in scheduling.

Central Place

A focal point in a landscape, often a town or city, where goods and services are available and to which people travel for economic activities.

Small-Scale Producers

Individuals or businesses engaged in the creation or manufacture of goods in limited quantities, often characterized by handcrafted techniques and personalized outputs.

Complex Society

A society characterized by a hierarchical structure, specialization of labor, and the presence of complex institutions.