Which one of the following is a system of partnerships and alliances that a firm creates to source,…
A value network is the system of partnerships and alliances through which a firm sources, augments and delivers its offerings. It includes relationships extending beyond the…
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Which one of the following is a system of partnerships and alliances that a firm creates to source, augment, and deliver its offerings?
Answer and explanation
Correct answer A
A value network is the system of partnerships and alliances through which a firm sources, augments and delivers its offerings. It includes relationships extending beyond the immediate selling channel. The channel alternatives concern arrangements for reaching customers rather than this wider network of value-creating relationships.
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Andhra Pradesh SET (APSET)