A Collection of Independent Firms That Use Information Technology to Coordinate

question 30

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.
• E)synergy chain.

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Definitions:

Normally Open Relay

A type of electrical relay whose contacts are open in its resting state, closing to complete a circuit when activated.

Instruction A

Instruction A is not a specifically defined term in general contexts and may refer to the first or a particular instruction within a set in specific applications or systems.

Examine If Closed

A control system instruction or condition check to determine whether a circuit or valve is in its closed or off state.

Examine If Open

A control logic instruction used in PLC programming to check if a specific condition or input is false or "open" before executing subsequent instructions.