Which of the Following Statements Characterizes a Firm That Operates

question 34

Multiple Choice

Which of the following statements characterizes a firm that operates within a "high-networked" structure?

• A) It uses outside organizations for only a limited number of minor value chain activities.
• B) It has little contact with firms to which work has been outsourced.
• C) It owns and executes most of its primary and support value chain activities.
• D) It has more value chain activities networked to external organizations than it owns and executes internally.

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Definitions:

Financial Responsibility

The ability to manage one's financial resources wisely, including saving, investing, and spending in a manner that ensures long-term financial stability.

Syndicate Buys

Refers to a group of investors or underwriters pooling together to buy the entire or a large portion of a new securities issue for resale.

Dutch Auction

A method of public offering in which the price of the offering is set after taking in all bids and determining the highest price at which the total offering can be sold.

Competitive Bidding

Competitive bidding is a procurement process where several suppliers or contractors submit their bids to win a contract for providing goods or services, ensuring transparency and fairness in the selection process.