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.

Question

Quizplus · Accepted Answer

Commerce creates value by moving products to locations or times where they are more valued, thus increasing their worth.

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