ter $5$ Shared Value and Competitive Advantage

Economic Value Creation

This activity is important because it reviews the concept of economic value creation when measuring competitiv advantage. The goal of the activity is to learn how economic value creation helps a firm measure competitive ad Familiarize yourself with the text material from economic value creation before completing this exercise.

Complete the activities that follow.

$2$b$.$ denotes the dollar amount a consumer would...

$3$

denotes the dollar amount a consumer would attach to a good or service $($that is$,$ willingness to pay$).$

Multiple Choice

$$ Economic value created

Cost

Profit

Price

Value