Outsourcing Value Chain Activities to Strategic Partners Can Yield Such

question 35

Multiple Choice

Outsourcing value chain activities to strategic partners can yield such advantages as

• A) quick creation of distinctive competencies, enhanced product quality, and better customer service.
• B) lower costs, less internal bureaucracy, speedier decision-making, more flexibility, and heightened strategic focus.
• C) lower cost adoption of best practices.
• D) reduced need to empower employees and rely on team-based organizational arrangements.
• E) facilitating the capture of cross-functional strategic fits and resource fits.

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Definitions:

Formal Organizations

Structured groups established for a specific purpose, characterized by a system of rules and hierarchies.

Authoritarian Leadership

Demands strict compliance from subordinates. Authoritarian leaders are most effective in a crisis such as a war or the emergency room of a hospital.

Social Groups

are collections of individuals who interact with each other based on shared interests, beliefs, or characteristics, forming a sense of unity and identity.

Groupthink

A phenomenon where a group's desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.