A ________ Is a Collection of Independent Firms That Use

question 20

Multiple Choice

A ________ is a collection of independent firms that use information technology to coordinate their value chains to produce a product or service for a market collectively.

• A) value chain
• B) business network
• C) value web
• D) consortia
• E) supply chain

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Definitions:

Dividends Paid

The sum of money paid by a company to its shareholders out of its profits or reserves.

Cash Flow

The aggregate circulation of cash and cash-like resources transitioning into and out of an enterprise.

Creditors

Individuals, banks, or other entities that lend money or extend credit to others, with the expectation of being repaid, often with interest.

Book Value

A financial metric that represents the net asset value of a company, calculated by subtracting total liabilities from total assets.