The viability of a virtual organization as the proper design approach is centered on two major issues. The first is the conclusion that the virtual arrangement results in economic gains of acquiring goals and services from specialized firms. What is the second issue?
What will be an ideal response?
The second issue is the assumption that computers and telecommunications networks reduce the costs of coordination, allowing organizations to achieve these economic benefits without incurring the higher transaction costs associated with buying from an external supplier.
You might also like to view...
The roots of behavioral research lie in the field(s) of:
a. Economics. b. Finance. c. Psychology and sociology. d. Accounting.
The test for determining reverse discrimination was based on ________
a) disparate impact b) disparate treatment c) business necessity d) affirmative action e) none
Cushman Company had $842,000 in sales, sales discounts of $12,630, sales returns and allowances of $18,945, cost of goods sold of $399,950, and $289,650 in operating expenses. Gross profit equals:
A. $810,425. B. $410,475. C. $120,825. D. $423,105. E. $429,420.
The office of records at a university has stated that the proportion of incoming female students who major in business has increased. A sample of female students taken several years ago is compared with a sample of female students this year. Results are summarized below. Has the proportion increased significantly? Test at ? = .10. ? Sample Size No. of Females Majoring in Business Previous Sample250 50 Present Sample300 69
What will be an ideal response?