Which of the following is the most accurate description of a value network?
A) a system of partnerships and alliances that a firm creates to source, augment, and deliver its offerings
B) a system of organizations and resources involved in moving a product from supplier to customer
C) an arrangement whereby an organization transforms inputs into finished goods
D) a network that allows an organization take the finished products to the end-users
E) a communication network that allows an organization to transfer information to end-customers

Question

Quizplus · Accepted Answer

A value network refers to a system of partnerships and alliances that a firm creates to source, augment, and deliver its offerings. It goes beyond just the movement of a product and encompasses all the organizations and resources involved in creating value for the customer. This includes suppliers, distributors, retailers, and other stakeholders who contribute to the value chain.

Which of the Following Is the Most Accurate Description of a Value