Many Industry Value Chains No Longer Consist of a Single

question 18

True/False

Many industry value chains no longer consist of a single sequence of companies linked in a single line but include many parallel lines that are interconnected in a web or network configuration.

---

Definitions:

Cohesive

Characterizing a group, team, or unit that works well together, showing unity and a strong sense of collective purpose.

Coordinating Efforts

The process of organizing and aligning the activities of different participants or groups to achieve a common goal.

Process Loss

The decrease in team or organizational efficiency that occurs due to issues in coordination or motivation.

Social Loafing

The tendency to withhold physical or intellectual effort when performing a group task.