In the Competitive Advantage reading we see things abouit value creation and value capture What is the best description of the idea of Added Value 1 The value that would be lost to the world if the firm disappeared 2 1 and 2 3 None of the above 4 The maximal value created by all participants in a transaction minus the maximal value that could be created without the firm

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Question: In the Competitive Advantage reading we see things abouit value creation and value capture. What is the best description of the idea of Added Value

In the "Competitive Advantage" reading we see things abouit value creation and value capture. What is the best description of the idea of Added Value?

	1.	The value that would be lost to the world if the firm disappeared
	2.	1 and 2
	3.	None of the above
	4.	The maximal value created by all participants in a transaction minus the maximal value that could be created without the firm

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