Formal Linkage Mechanisms Should Be Used When Companies ________

question 68

Multiple Choice

Formal linkage mechanisms should be used when companies ________.

• A) exchange specific assets
• B) have many possible exchange partners
• C) operate in stable environment
• D) have matrix organizational structure

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Definitions:

Technological Advances

Technological advances refer to the progress in technology that enhances efficiency, productivity, and capabilities of operations and services.

Logistics Management

An approach that seeks efficiency of operations through the integration of all material acquisition, movement, and storage activities.

Competitive Advantage

The unique attribute or combination of attributes that allows an organization to outperform its competitors.

Customer Service

The support and care provided by a business to its customers before, during, and after a purchase, aiming to improve customer satisfaction and loyalty.