Another Way to Describe a Value Delivery Network (Partnering with Specific

question 141

Multiple Choice

Another way to describe a value delivery network (partnering with specific suppliers and distributors) is to call it a

• A) cabal.
• B) domestic power centre.
• C) supply chain.
• D) teamwork group.
• E) link to relationships.

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Definitions:

Horizontal Communication

The exchange of information between peers within the same level of an organization or environment, facilitating coordination and collaboration.

Vice-president

A senior executive position in a company responsible for overseeing specific business units, making strategic decisions, and representing the organization in certain capacities.

Chain of Command

The formal line of authority within an organization that dictates who reports to whom, from the highest executive to the lowest rank.

Effective Communication

The exchange of information in a way that is accurately received and understood by all parties involved.