A ____________ can be defined as the total profits in an industry at all points along the industry's value chain.
A) profit maximizer
B) revenue enhancer
C) profit pool
D) profit outsourcing

Question

Quizplus · Accepted Answer

The term "profit pool" refers to the total profits in an industry at all points along the industry's value chain, including suppliers, producers, distributors, and retailers. This concept emphasizes that in order to maximize profits, companies must consider the entire value chain and all participants in the industry, rather than solely focusing on their own operations.

A ____________ Can Be Defined as the Total Profits in an Industry