What Is It Called When Two or More Organizations Cooperate

question 67

Multiple Choice

What is it called when two or more organizations cooperate by integrating their IT systems, thereby providing customers with the best of what each can offer?

• A) Core competency
• B) Core competency strategy
• C) Collaboration system
• D) Information partnership

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Definitions:

Sales/FOB Terms

Terms used in international trade to define when and where the responsibility and ownership of goods are transferred from the seller to the buyer; "FOB" stands for Free On Board.

Commodities

Basic goods used in commerce that are interchangeable with other goods of the same type, typically used as inputs in the production of other goods or services.

Distinctives

Unique characteristics or features that differentiate a product, service, or organization from its competitors.

High Risk

A situation or investment that carries a significant chance of loss or failure.