Relationships Among Activities That Are Performed Within a Firm's Portion

question 33

Multiple Choice

Relationships among activities that are performed within a firm's portion of the industrial value chain are

• A) internal linkages
• B) external linkages
• C) customer linkages
• D) none of the above

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Definitions:

Common Law

A legal system based on customs, traditions, and judicial decisions, as opposed to statutory laws, predominantly followed in the UK, the US, and other commonwealth countries.

Case Law

Laws established by the outcome of former court cases and judicial decisions which guide future judgments.

Discriminatory Policies

Principles or practices that unjustly differentiate among individuals or groups, often based on race, gender, age, or religion, leading to unequal treatment.

Binding Precedent

A binding precedent refers to a legal case decision that must be followed by lower courts within the same jurisdiction in future cases with similar circumstances.