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Network organizations definition correct answers Virtual partnerships formed by separate companies to enable them to operate as integral elements of a greater organization while retaining their own authority in major budgeting and pricing matters. What are network organizations? correct answers ...

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  • January 18, 2025
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  • EBTM 311 - Chapter 10
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EBTM 311 - Chapter 10 || with 100% Verified Solutions.
Network organizations definition correct answers Virtual partnerships formed by separate
companies to enable them to operate as integral elements of a greater organization while
retaining their own authority in major budgeting and pricing matters.

What are network organizations? correct answers Long term arrangements among distinct but
related organizations.

Reasons for joining a network organization correct answers Combining competences
Benefiting for economies of scale
Achieving overall supply chain benefits
Sharing know how
Combining power

Classifications of networks on the basis of the networking business objective. correct answers
Strategic and operative

Classifications of networks on the basis of the functionality of the network. correct answers
Operational, collaborative, innovative, and interest group.

Strategic Networks correct answers Companies in different parts of the value chain agree on
cooperation in research & development and production & marketing.

Strategic networks objective is __________. correct answers to gain competitive advantages

Operative Networks correct answers Set of contractual relations covering common agreements
on electronic exchanges.

Operative networks objective is __________. correct answers the rationalization of information
exchange with respect to routine operations

Operational Networks correct answers Focus on short term collaboration between various
companies on an operational and tactical level.

Operational networks objective is __________. correct answers efficiency and effectiveness
improvement by lowering inventory levels, reducing cycle times, and improving quality of goods
and services

Collaborative Nerworks correct answers Involve long term collaboration on a strategic level by
focusing on core competences.

Collaborative networks objective is __________. correct answers to win business and strengthen
market positions

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