A(n)____ Organization Is Part of a Network in Which Many

question 28

Multiple Choice

A(n) ____ organization is part of a network in which many companies share skills, costs, capabilities, markets, and customers with each other.

• A)modular
• B)virtual
• C)matrix
• D)electronic
• E)boundaryless

---

Definitions:

Purchases

The act of buying goods and services, typically for the purpose of resale in the ordinary course of business.

Consignee

A person or company to whom goods are shipped for sale, who receives and sells the goods on behalf of the consignor.

Consignor

The consignor is the party that owns goods or merchandise and entrusts them to another party, known as the consignee, for the purpose of sale.

Installment Plan

A method of payment where goods are purchased and possessed immediately, but payment is divided over a specified period of time in equal amounts.