There Was a Fashionable Trend Towards "Virtual Companies" in Recent

question 65

Multiple Choice

There was a fashionable trend towards "virtual companies" in recent years, who make the largest profits in a value chain by co-ordinating all the other aspects. The risk with this plan is

• A)a virtual company has little control, so suppliers may collude to drive prices up.
• B)such a company may find it loses the ability to understand the industry it is in.
• C)a group of suppliers and/or customers may decide to co-ordinate themselves, and isolate the virtual company.
• D)b and c.

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Definitions:

Self-awareness

The awareness of one's personal traits, emotions, motivations, and wishes.

Self-consciousness

An acute awareness of oneself, often marked by feelings of being watched and judged by others.

Emotional Expressions

The outward display of feelings such as happiness, anger, or fear, through facial expressions, body language, and vocal tone.

Unhappiness

A feeling of sadness, or not being satisfied or content with life or the current situation.