If a Firm Outsources Some Parts of Its Value Chain

question 62

Multiple Choice

If a firm outsources some parts of its value chain in order to reduce costs and increase quality and at the same time engages in multiple alliances to penetrate new markets,this is an example of a firm using a ________ of organizational types.

• A) combination
• B) boundaryless consortium
• C) bounded consortium
• D) barrier-free collection

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Definitions:

Communication Skills

The competency to express thoughts, opinions, and information effectively through verbal or written means, facilitating mutual understanding.

Technical Skills

The specific abilities and knowledge necessary to perform specialized tasks in various fields or professions.

Emotional Stability

Emotional Stability is a personality trait that denotes how consistently an individual can maintain a calm and composed state, especially under stress or in challenging situations.

Creativity

The ability to produce original and unusual ideas, or to make something new or imaginative.