L6M9 practice question 4 of 15
Who are the four business players in the Value Net? Select ALL that apply.
Full set: 83 questionsCorrect Answer:
A. Customer; C. Supplier; E. Complementor; F. Competitor
Explanation
The Value Net consists of suppliers, customers, competitors, and complementors. Unlike a supply chain, which focuses on material and information flow, the Value Net is about creating business value. Supplier: Provides goods/services Customer: Purchases goods/services Competitor: Competes in the same market Complementor: A business that enhances your product/service offering Buyer and distributor are not primary players in the Value Net. (See LO 1.2, p.31)
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