_____ consist(s)of a global network of independent companies that act as a single company with a common mission.
A) Relationship enterprises
B) In-sourcing
C) Commercial lending
D) Outsourcing

Question

Quizplus · Accepted Answer

Relationship enterprises, also known as strategic networks, are a group of independent companies that operate as a single entity to achieve a common goal. They share resources, knowledge, and technology to enhance their competitive advantage and serve customers more effectively. This is different from outsourcing, which involves contracting work or services to external parties, and in-sourcing, which involves bringing work or services in-house. Commercial lending is a financial service provided by banks and other financial institutions to businesses for loans and credit.

_____ Consist(s)of a Global Network of Independent Companies That Act