When Two Organizations Pool Markets and Expertise That Result in Lower

question 93

Multiple Choice

When two organizations pool markets and expertise that result in lower costs and generate profits,they are creating:

• A)a value web.
• B)a value chain.
• C)net marketplaces.
• D)core competencies.
• E)synergies.

---

Definitions:

System's Equipment

The machines, tools, and technology required for the operation and maintenance of a system or facility.

Total Productive Maintenance

A proactive maintenance approach focusing on maximizing equipment effectiveness through the participation of all employees.

Employee Empowerment

A management strategy that gives employees autonomy, authority, and the capacity to make decisions affecting their work.

Deteriorated Customer Relations

A decline in the quality of interactions and satisfaction of customers with a company's products or services, potentially affecting loyalty and revenues.