The Use of E-Commerce to Allow Firms to Reduce the Costs

question 18

Multiple Choice

The use of e-commerce to allow firms to reduce the costs of processing transactions while improving their supply-chain management skills and tightening the control of their inventories is beginning to replace

• A) outsourcing.
• B) unrelated diversification.
• C) de-integration.
• D) vertical integration.

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Definitions:

Resource Mobilization

The process of gathering and deploying both tangible and intangible resources (such as money, support, and information) to achieve specific organizational or social goals.

Collective Action

Activities undertaken by a group of people with the aim of achieving a common goal, often used in the context of social movements and protests.

Organizational

Pertaining to the structure and function of organizations, including their management, culture, and operational dynamics.

Solidarity Theories

Theories concerning the bonds that unite members of a society, focusing on shared values, interests, and goals.