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:

Establishment Clause

The provision in the First Amendment to the U.S. Constitution that prohibits Congress from creating any law “respecting an establishment of religion.”

Free Exercise Clause

A section within the First Amendment of the U.S. Constitution that prohibits the government from interfering with individuals' practice of their religion.

Protestant Churches

Christian churches that originated from the Reformation, characterized by the rejection of papal authority and emphasising the importance of faith and scripture.

Unconstitutional Restriction

An unconstitutional restriction refers to a law or regulation that infringes upon the rights guaranteed by the constitution.