A Collection of Independent Firms That Use Information Technology to Coordinate

question 76

Multiple Choice

A collection of independent firms that use information technology to coordinate their value chains to produce a product or service for a market collectively is called a(n)

• A) industry value chain.
• B) business ecosystem.
• C) value web.
• D) consortia.

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Definitions:

Coefficient Of Determination

A measure that assesses the proportion of the variance in the dependent variable that is predictable from the independent variable(s).

Degrees Of Freedom

The number of independent values or quantities that can vary in the calculation of a statistic, often related to the sample size.

Degrees Of Freedom

The number of independent values in a statistical calculation that can vary without violating any imposed restrictions.

Independent Variables

Independent Variables are variables in an experiment or model that are manipulated or categorized to determine their effect on dependent variables.