A collection of independent firms that use information technology to coordinate their value chains to produce a product or service for a market collectively is called a(n)
A) industry value chain.
B) business ecosystem.
C) value web.
D) consortia.

Question

Quizplus · Accepted Answer

A value web 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. The other choices are not accurate definitions for this concept.

A Collection of Independent Firms That Use Information Technology to Coordinate