Which statement best describes how Orange, a PC maker, delivers value? Note: consider our discussion on Business Models when answering this question. Orange's core competencies are its software development team and connections to microchip manufacturers in China and India. It is able to use its rich capabilities of software and data, and partner with low cost manufacturers to compete against its competitors. Orange has great finances and strong backing by its parent company. It has low expenses due to its outsourcing and hiring of part time contractors. Most costs are variable, not fixed. Orange generates revenues using the "retail" model. Orange partners with firms like Amazon and Egghead to sell its products rather than using their own in-house capabilities. Orange developers commit substantial resources to identifying target market customer needs and designs its products to meet those needs at a relatively low cost. Orange leverages on-line sales rather than physical retail stores, and is less concerned wi