A firm's value chain is linked to the:
A)value webs of its industry.
B)value chains of its suppliers, distributors, and customers.
C)value webs of its suppliers and distributors.
D)value chains of its suppliers and customers.

Question

Quizplus · Accepted Answer

A firm's value chain is connected to the value chains of its suppliers, distributors, and customers. The relationship between a firm and its suppliers, distributors, and customers can have a significant impact on the cost, quality, and overall value of the final product or service. Therefore, understanding and managing these relationships is essential to optimize a firm's value chain.

A Firm's Value Chain Is Linked to The