In A(n)_____, Companies Coordinate Their Strategies, Resources, and Skill Sets

question 54

Multiple Choice

In a(n) _____, companies coordinate their strategies, resources, and skill sets by forming long-term, stable relationships with other companies and individuals based on shared purposes.

• A) market economic structure
• B) informal economic structure
• C) hierarchical economic structure
• D) network economic structure

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Definitions:

Business Problems

Challenges or obstacles faced by a business that require solutions in order to maintain or enhance its operations.

IT Innovatively

Utilizing information technology in new and creative ways to solve problems or enhance business operations.

Technology Trends

Emerging patterns that indicate the future direction of technology advancements and innovations which affect how users interact with and benefit from technology.

Emerging Technologies Manager

A professional responsible for identifying, assessing, and implementing new technologies within an organization to maintain competitiveness.