Please, write a discussion post about the Topic/Statement below (250 words).Topic/Statement: If a...

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Please, write a discussion post about the Topic/Statement below (250 words).
Topic/Statement: If a firm has created value, is it also always able to capture that value? How does a firm create value and then what must it be able to do to capture that value? In your answer, provide an example of a firm that has been able to create value. Then discuss whether or not you believe it has captured that value and if so how it was captured and if not why it was not able to do so.
(1 or 2 Citations needed for this discussion post)

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Akash · Accepted Answer

Running Head: DISCUSSION POST ABOUT TOPIC GIVEN	1
DISCUSSION POST ABOUT TOPIC GIVEN 	4
DISCUSSION POST ABOUT TOPIC GIVEN
The creation of an economic value, combined together, requires presence of irreversibility, entropy and fitness. This boils down to any thermodynamically irreversible economic transformation and transaction, accelerating growth of entropy at global level and such action or artefact is aimed to fit human needs and demands. In the opinion of Porter and Kramer (2019), on the business front, it is production of goods and services (creating value) and selling the same to customers to earn profit (capturing that value). Simply, value is brought into being when a resource’s core order is further extended for usefulness of humans through an irreversible process.
Figure 1: Porter’s Generic Value Chain
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Please, write a discussion post about the Topic/Statement below (250 words). Topic/Statement: If a firm has created value, is it also always able to capture that value? How does a firm create value...

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