In order to be successful, a company must create value that
A) exceeds the costs incurred to produce, distribute and service products for customers.
B) is unique and inexpensive.
C) is hard to imitate and more expensive than what is offered by other firms.
D) surpasses benchmarking targets.

Question

Quizplus · Accepted Answer

Creating value that exceeds the costs incurred to produce, distribute and service products for customers is crucial for a company's success as it ensures profitability and sustainability. This means that the revenue generated from selling the product or service should be greater than the expenses incurred in producing and delivering it to the customers.

In Order to Be Successful, a Company Must Create Value