Which of the Following Is TRUE About Networks

question 58

Multiple Choice

Which of the following is TRUE about networks?

• A) Networks are neither formal organizations with clearly defined hierarchical structures nor impersonal, decentralized markets.
• B) In networks, buyers and sellers share no linkages and rarely interact with each other.
• C) In a network, continued interaction among partners leads to competition and rivalry that bring down productivity.
• D) Networks represent the economically beneficial short-term relationships the firm undertakes with other business entities.

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Definitions:

Moral Dilemmas

Situations in which a decision must be made between two or more morally conflicting options, with no clear right answer.

Social Comparisons

The process of evaluating oneself by comparing with others, often to assess one's abilities, status, or opinions.

Middle Childhood

A developmental stage covering roughly the ages of 6 to 12 years, characterized by significant growth in intellectual, physical, and social abilities.

Social Incompetence

The lack of skill or ability to interact effectively and appropriately with others in a social context.