A Series of Strategic Alliances That an Organization Creates with Suppliers,manufacturers,and

question 97

Multiple Choice

A series of strategic alliances that an organization creates with suppliers,manufacturers,and distributors to produce and market a product is known as a:

• A)B2B network structure
• B)boundaryless organization
• C)joint venture
• D)strategic alliance
• E)permanent venture

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Definitions:

Marginal Revenue

The additional income received from selling one more unit of a product.

Output

The total amount of goods and services produced by an economic system over a specific period.

Price

The sum of money anticipated, needed, or provided as payment for an item.

Monopoly Position

A market structure characterized by a single seller who has exclusive control over a product or service, leading to limited consumer choice.