Home Roast Sells Raw Coffee Beans Online to Consumers

question 75

Multiple Choice

Home Roast sells raw coffee beans online to consumers.To strengthen its market position,the CEO decides to join up with Bean Machine,a company that manufactures coffee roasting machines.Which structural model of virtual organizations would this arrangement create?

• A) virtual face model
• B) co-alliance model
• C) star-alliance model
• D) virtual broker model

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Definitions:

Sole Proprietorships

A business structure where a single individual owns and operates the business, enjoying complete control but also bearing unlimited personal liability for its debts.

Regulatory Requirements

Legal obligations that entities must follow, often established by government agencies to regulate industry standards and protect public welfare.

Agent's Authority

The scope of power given to an agent to act on behalf of a principal in legal or financial matters.

Termination

The act of ending or concluding something, such as a contract, employment, or agreement, through specific actions or by operation of law.