In the context of strategies, which of the following is a difference between value creation and value capture?
A) Value creation is maximizing the difference between profits in two consecutive financial years, whereas value capture is the process of maximizing the difference between a customer's willingness to pay and the cost of the product.
B) Value creation is the process of maximizing the portion of that value the company keeps, whereas value capture is the process of lowering the prices of products so that it is the least in a competitive market.
C) Value creation is the process of maximizing the difference between a customer's willingness to pay and the cost of the product, whereas value capture is the process of maximizing the portion of that value the company keeps.
D) Value creation is the difference between the price a company charges customers and the cost of making the product, whereas value capture is maximizing the difference between profits in two consecutive financial years.
Correct Answer:
Verified
Q6: The research and development (R&D) team at
Q7: Yelp Travel Services has devised a unique
Q8: In the context of the primary value
Q9: _ consists of adjusting an approach to
Q10: In the context of strategic positioning, which
Q12: Lekaen Goods is a manufacturer of leather
Q13: In the context of strategy, growth occurs
Q14: In the context of strategies, which of
Q15: Hruan Technologies is a company that wants
Q16: Imagine Nevaan Fashions is one of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents