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:

Experimental Group

In research, the group of participants exposed to the variable or condition being tested to observe its effects.

Random Assignment

A method in experimental design where participants are allocated to different groups or conditions by chance, minimizing biases.

Blind Observations

An experimental technique where the observers or experimenters do not know the specific conditions being applied to the subjects, to reduce bias.

Independent Variable

A variable that is manipulated or controlled in an experiment to test its effects on the dependent variable.