Which of the Following Is True About Networks

question 39

Multiple Choice

Which of the following is true about networks?

• A)Networks are neither formal organizations with clearly defined hierarchical structures nor impersonal, decentralized markets.
• B)In networks, buyers and sellers share no linkages and rarely interact with each other.
• C)In a network, continued interaction among partners leads to competition and rivalry that bring down productivity.
• D)Networks represent the economically beneficial short-term relationships the firm undertakes with other business entities.

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Definitions:

eBay

An online marketplace that allows individuals and businesses to buy and sell a wide variety of goods and services.

Brick-and-Mortar

Physical retail stores located in buildings as opposed to online or virtual spaces.

Online Presence

The visibility of an individual, organization, or brand on the internet, achieved through websites, social media, and other digital platforms.

Acquisitions

The act of obtaining control of another company or business asset through purchase or exchange.