Which of the following is not a true statement about value webs?
A) Value webs involve a collection of independent firms that use information technology to coordinate their value chains.
B) Value webs are more customer-driven than traditional value chains.
C) Value webs operate in a less linear fashion than traditional value chains..
D) Value webs are inflexible and cannot adapt quickly to changes in supply and demand.
E) Value webs involve highly synchronized industry value chains.
D
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Systematic efforts made by a company to recruit from different groups, promote tolerance, and modify corporate cultures to include nonmainstream employees are known as
A. tokenism. B. diversity management. C. ethnic nepotism. D. meritocracy.
Companies must recognize a loss on an unprofitable contract under the percentage-ofcompletion method but not the completed-contract method.
a. true b. false