Which of the following statements characterizes a firm that operates within a "high-networked" structure?
A) It uses outside organizations for only a limited number of minor value chain activities.
B) It has little contact with firms to which work has been outsourced.
C) It owns and executes most of its primary and support value chain activities.
D) It has more value chain activities networked to external organizations than it owns and executes internally.

Question

Quizplus · Accepted Answer

A firm that operates within a "high-networked" structure has more value chain activities networked to external organizations than it owns and executes internally. This means that the firm relies heavily on external organizations to perform various value chain activities, such as manufacturing, logistics, and marketing. This allows the firm to focus on its core competencies while leveraging the expertise and resources of external organizations.

Which of the Following Statements Characterizes a Firm That Operates