Operational Linkages Are

question 269

Multiple Choice

Operational linkages are

• A) direct ties between the internal operations of buyer and seller firms.
• B) changes in a firm's product or procedures that are unique to its relationship partner.
• C) connections that outline contractual obligations.
• D) services that link a buyer's production and purchasing departments.
• E) websites that help buyers conduct reverse auctions.

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Definitions:

Goods

Physical items that are produced for sale and consumption to satisfy human wants, such as food, clothing, and cars.

Services

Intangible products such as healthcare, education, and banking, that provide value or meet needs without producing physical goods.

Dependent

In economic or tax contexts, this refers to someone who relies on another, especially a family member, for financial support and can often be claimed for tax benefits.

International Trade

The exchange of goods, services, and capital between countries or territories, promoting global economic integration.