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

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.