A Collection of Independent Firms That Use Information Technology to Coordinate

question 76

Multiple Choice

A collection of independent firms that use information technology to coordinate their value chains to produce a product or service for a market collectively is called a(n)

• A) industry value chain.
• B) business ecosystem.
• C) value web.
• D) consortia.

---

Definitions:

Legal Behaviour

Actions that conform to the laws and regulations of a given society or community.

Ethical Conduct

Concerns the adherence to moral principles and values such as integrity, fairness, honesty, and respect in decision-making and actions.

Personal Standards

Individual criteria or principles for behavior and performance, often reflecting personal ethics or excellence.

Formal Policies

Official rules or guidelines that dictate certain procedures or behaviors within an organization.