When First Proposed, a Scientific Idea Is Usually Called a

question 36

Multiple Choice

When first proposed, a scientific idea is usually called a

• A) hypothesis.
• B) law.
• C) theory.
• D) model.

Comprehend the concept of vertical integration and its strategic advantages for business expansion and control over the supply chain.

Understand the strategic value of networks and network organizations in specialization and information diffusion.

Define modular organization and describe its benefits and downsides.

Identify strategic alliances and their role in achieving competitive advantage and strategic goals.

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Definitions:

Structural Capital

The knowledge, processes, patents, or systems that an organization possesses, contributing to its competitive advantage.

Employee Capital

The value employees bring to a company in terms of their skills, knowledge, and experience.

Knowledge Management

The act of generating, disseminating, utilizing, and overseeing an organization's knowledge and information to fulfill its goals.

External Environment

The external factors, conditions, and influences that affect an organization's performance and operations, including economic, political, social, and technological aspects.