The manufacturer is the most powerful part of the value chain because it adds more value than the other parts
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: Different steps can add different amounts of value but none is more powerful than the customer.
Business
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Product differentiation is ultimately an expression of the creativity of individuals and groups within firms and is limited only by the opportunities that exist, or that can be created, in a particular industry and by the willingness and ability of
firms to creatively explore ways to take advantage of those opportunities. Indicate whether the statement is true or false
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All liabilities are probable future economic sacrifices arising from present obligations
Indicate whether the statement is true or false.
Business