_____ Are the Methodologies and Routines Companies Use to Transform

question 65

Multiple Choice

_____ are the methodologies and routines companies use to transform competencies, assets, and other inputs in to value for customers.

• A)Core competencies
• B)Core strategies
• C)Core processes
• D)Value networks
• E)Customer interfaces

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Definitions:

Vertical Integration

An approach in which a firm grows by incorporating various stages along the same production line, including situations where a producer controls its supply source and/or its distribution channel.

Resource Dependence

A theory asserting that organizations depend on resources from their environment and must manage dependencies and relationships with those who control those resources.

Higher Status Organization

An organization perceived to have greater prestige, authority, or influence compared to others in a similar sphere.

Association

A connection or relationship between two or more concepts, objects, or people.