Which of the Following Is the Most Likely Benefit of a Network

question 84

Multiple Choice

Which of the following is the most likely benefit of a network structure?

• A)encouraging competition among members for resources
• B)facilitating supplier changes anywhere in the value chain
• C)developing core competencies in a broad range of value activities
• D)maintaining a strong sense of organization in the face of dynamic partnerships

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Definitions:

Marginal Revenue

The additional income produced from selling one more unit of a good or service.

Economic Profit

The difference between the total revenue generated by a business and its total costs, including both explicit and implicit costs.

Market Price

The price at which a good or service is offered in the marketplace, determined by supply and demand dynamics.

Total Product

The total quantity of goods or services produced by a firm or economy at a given time.