When the Output of Some Units Can Be Used as Inputs

question 28

Multiple Choice

When the output of some units can be used as inputs to other units, or if two organizations pool markets and expertise that result in lower costs and generate profits, it is often referred to as creating:

• A)value webs.
• B)value chains.
• C)synergies.
• D)core competencies.

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Definitions:

Functionalism

A school of psychology that focuses on the purpose and function of behavior and mental processes.

William James

An American philosopher and psychologist who is often referred to as the father of American psychology, known for his work in pragmatism and functionalism.

Clinical Psychology

A branch of psychology that focuses on diagnosing and treating mental, emotional, and behavioral disorders.

Doctorate

The highest level of academic degree, typically requiring advanced study and research in a specific field.