In the Context of Interorganizational Processes, Which of the Following

question 88

Multiple Choice

In the context of interorganizational processes, which of the following is true of virtual organizations?

• A) Their operating costs are significantly higher than that of traditional organizations.
• B) The outside organizations a company does its businesses with are tightly linked to one central company.
• C) They are slow and inflexible when compared to modular organizations.
• D) They use a broker to create and assemble the knowledge, skills, and resources from different companies for customers.

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Definitions:

Salary Workers

Employees who are paid a fixed annual amount for their labor, regardless of the number of hours worked, contrasting with hourly workers.

Inclusive Unions

Labor unions that aim to represent a broad spectrum of workers, regardless of occupation, industry, or demographic characteristics.

Exclusive Unions

Labor unions that require all employees in a bargaining unit to become members of the union as a condition of employment.

Above-equilibrium

A market condition where the price of a good is set higher than the equilibrium price, leading to a surplus of the good.