When Should a Firm Configure Its Value Chain to Maximize

question 12

Multiple Choice

When should a firm configure its value chain to maximize value at each stage?

• A)When government regulations relax
• B)When cost pressures are intense
• C)When rapid imitation is expected
• D)When the number of consumers increases
• E)When incumbent competitors exist

---

Definitions:

Commensalism

Species interaction that benefits one species and neither helps nor harms the other.

Mutualism

A type of symbiotic relationship between two species where both partners benefit from the interaction.

Predation

One species captures, kills, and eats another.

Parasitism

Relationship in which one species withdraws nutrients from another species, without immediately killing it.