Question: The firms create value through production - transforming less valuable inputs into more valuable outputs - and also through: 1 ) Entrepreneurship: creating new businesses.
The firms create value through productiontransforming less valuable inputs into more valuable outputsand also through:
Entrepreneurship: creating new businesses.
Restructuring: turning around, and selling off divisions or units.
Commerce: transferring products across space and time from where they are valued less of where are valued.
Marketing: presenting products in a way that makes them more valuable to customers.
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