When Two Organizations Pool Markets and Expertise That Result in Lower

question 24

Multiple Choice

When two organizations pool markets and expertise that result in lower costs and generate profits,it is referred to as creating

• A)a value web.
• B)a value chain.
• C)net marketplaces.
• D)core competencies.
• E)synergies.

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Definitions:

Fundamental Attribution Error

The tendency to overemphasize dispositional explanations for behaviour at the expense of situational explanations.

Social Category

Groupings of individuals based on shared characteristics or social identity, such as race, gender, or age.

Situational Attribution

Situational attribution is the process of attributing an individual's behavior to external factors or circumstances rather than to their internal characteristics or dispositions.

Consensus Cues

Attribution cues that reflect how a person’s behaviour compares with that of others.