The given statement that "A value web is a collection of independent firms that use information technology to coordinate their value chains to collectively produce a product or service for a market" is True. Hence, option A is correct.What is a value web?A value web refers to a group of independent companies that coordinate their value chains via the internet to create a product or service collectively. A value web can operate as an internet-centered extended enterprise, a virtual enterprise network, or a network of independent enterprises.Value webs are a modern method of collaboration between businesses that uses information technology to improve the efficiency of the companies' value chains. The aim of value webs is to create a network of independent organizations that collaborate to deliver a good or service to the market in a cost-effective and efficient manner.