An Organization Which Coordinates Economic Activity to Deliver Value to Customers

question 53

Short Answer

An organization which coordinates economic activity to deliver value to customers using resources outside its traditional boundaries is a ______________ corporation.

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Definitions:

Assembly Line

A manufacturing process in which parts are added to a product in a sequential manner to create a finished product efficiently.

Business Product

A result of manufacturing or production processes, offered by businesses to meet consumer needs or market demand, ranging from tangible goods to services.

Checkout Counter

A designated area or desk where customers pay for the goods or services they wish to purchase, typically found in retail stores.