Net Marketplaces

question 34

Multiple Choice

Net marketplaces

• A) focus on continuous business process coordination between companies for supply chain management.
• B) are industry owned or operate as independent intermediaries between buyers and sellers.
• C) are geared towards short-term spot purchasing.
• D) are more relationship oriented than private industrial networks.

Understand the characteristics of hierarchy, adhocracy, and market cultures within the competing values framework.

Differentiate between observable and unobservable components of organizational culture.

Recognize the function of personal appearances, dress codes, and other observable artifacts in conveying organizational culture.

Understand the process of internal integration and external adaptation in organizational culture.

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Definitions:

Activity Cost Pools

Activity cost pools are categories of overhead expenses used in activity-based costing to allocate costs accurately within a company.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to specific activities, providing a more accurate reflection of the costs to produce goods or services.

Overhead Cost

Indirect costs related to the overall operations of a company that cannot be directly attributed to a specific product or service.

Product Line

A group of related products manufactured or sold by a business.