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A Firm That Buys from Another Company a Good or Service

question 92

Multiple Choice

A firm that buys from another company a good or service that is part of the firm's value-added activities is practicing ________.


Definitions:

Culture Shock

The feeling of disorientation that can come when one encounters a new or rapidly changed cultural situation.

Disorientation

A state of mental confusion or lack of direction.

Cultural Environment

The sum of social practices, beliefs, values, customs, and human activities that characterize the lifestyle of a society or a group.

Values

Fundamental beliefs or ideals shared by the members of a culture about what is good or desirable and what is not. They exert a major influence on the behavior of an individual and serve as broad guidelines in all situations.

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