A Virtual Corporation

question 137

Multiple Choice

A virtual corporation:

• A) has strong capital, but it can only survive if it develops a close relationship (i.e., a partnership) with another firm that has developed a good marketing plan.
• B) looks for capable suppliers who can meet the specs it lays out.
• C) handles all of its sales using the Internet.
• D) All of these.
• E) None of these.

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Definitions:

Routine Tasks

Repetitive and predictable job activities that follow a set procedure or sequence and usually require a lower level of creativity or critical thinking.

Empowerment

The process of giving individuals or groups more power and control over their lives or the work they do, often leading to increased autonomy and effectiveness.

Employee Survey

A tool used by organizations to gather feedback and opinions from employees about their work environment, job satisfaction, and organizational practices.

Patient Satisfaction

The measure of the extent to which a patient is content with the healthcare they receive, considering the quality and outcome of their treatment.