Asked by Marina González on Jul 04, 2024

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​Which of the following could potentially capture the value created in a market

A) ​Suppliers
B) Industry rivals
C) Buyers
D) ​All of the above

Value Creation

The process through which businesses or organizations generate added value for customers, stakeholders, or society at large, often leading to competitive advantage.

Suppliers

Businesses or individuals that provide goods or services to another entity, typically within a supply chain or production process.

Industry Rivals

Companies within the same industry that compete with one another for market share and profitability.

  • Recognize the importance of creating and sustaining competitive advantages to capture value in a market.
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AB
Anthony BoldenJul 05, 2024
Final Answer :
D
Explanation :
All of the options mentioned (suppliers, industry rivals, and buyers) can potentially capture the value created in a market. Suppliers may negotiate higher prices for their inputs or charge premium prices for unique or high-quality materials. Industry rivals may offer similar products or services at lower prices, which may reduce the market share and profits for a company. Buyers may negotiate lower prices or demand higher quality products or services, which may increase the costs for a company. Ultimately, the value created in a market is subject to the bargaining power of these various stakeholders.