BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What are viewed as inter-organizational and group exchanges involving people, can include online groups such as social media networks?
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Social ties
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Social networks
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Networks
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Business networks
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Explanation:
Detailed explanation-1: -The common thread through these different conceptualizations is that interorganizational networks are social systems formed by vertically integrated formal organizations that are involved in complex interactions and the exchange of material and nonmaterial resources (including information and knowledge).
Detailed explanation-2: -Defined as ‘a mutually beneficial process by which stakeholders or organizations work together towards a common goal’, inter-organisational collaboration is synonymous with the ‘joint development of structures in which decisions are made, resources shared, and mutual authority and accountability exercised’ [2].
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