Question

The value net framework includes an analysis of a. the firm, substitutes, suppliers, customers, and competitors. b. the firm, suppliers, customers, competitors, and driving forces. c. substitutes, suppliers, customers, competitors, and driving forces. d. the firm, suppliers, customers, competitors, and complementors. e. substitutes, suppliers, customers, competitors, and potential entrants.

Answer 1

The value net framework includes an analysis of d. the firm, suppliers, customers, competitors, and complementors.

Who are those involved in a value net framework?

The entities that influence a business's success include its Customers, Suppliers, Competitors, and Complementors.

A business should develop cooperative and productive relationships with these influencers in addition to studying its internal capabilities and competencies to derive external value.

Thus, the value net framework includes an analysis of d. the firm, suppliers, customers, competitors, and complementors.

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