MCQOPTIONS
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| 1. |
According to the concept of the value chain, of an international firm is profitable if: |
| A. | the value it commands exceeds the costs involved in creating the product |
| B. | the value it commands is lower than the costs involved in creating the product |
| C. | it operates in global industries |
| D. | the value it commands equals the costs involved in creating the product. |
| Answer» B. the value it commands is lower than the costs involved in creating the product | |