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A Value Web Is a Collection of Independent Firms That

question 24

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A value web is a collection of independent firms that use information technology to coordinate their value chains to collectively produce a product or service for a market.


Definitions:

Cathode

The electrode in a battery or electrochemical cell towards which positive ions move, typically where reduction reactions take place.

Diode

An electronic component that allows current to flow in one direction only, functioning as a one-way valve in electrical circuits.

Negative Lead

An electrical connection that serves as the return path for current in a circuit, often marked with a minus (-) symbol or black color in electronics.

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