Podcast
Questions and Answers
Successful businesses are procurement experts.
Successful businesses are procurement experts.
True
Henry Ford's attempt at vertical integration was more competitive and efficient than his competitors' procurement networks.
Henry Ford's attempt at vertical integration was more competitive and efficient than his competitors' procurement networks.
False
Apple is known for building computers as a part of its successful business model.
Apple is known for building computers as a part of its successful business model.
False
The book, Profit from the Source, argues that with thriving businesses, successful procurement is measured by managing vertical integration.
The book, Profit from the Source, argues that with thriving businesses, successful procurement is measured by managing vertical integration.
Signup and view all the answers
The company relies on social capital to manage large networks of suppliers.
The company relies on social capital to manage large networks of suppliers.
Signup and view all the answers
Asian businesses do not engage in complex business networks involving family members.
Asian businesses do not engage in complex business networks involving family members.
Signup and view all the answers
Transformational leadership is not mentioned in the text.
Transformational leadership is not mentioned in the text.
Signup and view all the answers
Nontrivial manifestations of the gift relationship are unlikely to be present within the networks and legal contracts.
Nontrivial manifestations of the gift relationship are unlikely to be present within the networks and legal contracts.
Signup and view all the answers
Sociologists are not called to be social and eco-entrepreneurs in dealing with social issues.
Sociologists are not called to be social and eco-entrepreneurs in dealing with social issues.
Signup and view all the answers
Successful companies primarily procure physical resources for creating profitable goods and services.
Successful companies primarily procure physical resources for creating profitable goods and services.
Signup and view all the answers
Which capability is emphasized as surpassing everything else for successful businesses?
Which capability is emphasized as surpassing everything else for successful businesses?
Signup and view all the answers
What did the text highlight as a measure of successful procurement in businesses?
What did the text highlight as a measure of successful procurement in businesses?
Signup and view all the answers
Which historical figure's unsuccessful attempt at vertical integration is mentioned in the text?
Which historical figure's unsuccessful attempt at vertical integration is mentioned in the text?
Signup and view all the answers
What distinguishes Apple from Henry Ford's approach to business, as mentioned in the text?
What distinguishes Apple from Henry Ford's approach to business, as mentioned in the text?
Signup and view all the answers
What is the primary resource that successful companies are really procuring according to the text?
What is the primary resource that successful companies are really procuring according to the text?
Signup and view all the answers
What do family members strategically embedded in complex business networks gain from the larger collective?
What do family members strategically embedded in complex business networks gain from the larger collective?
Signup and view all the answers
What is the challenge highlighted for sociology in the text?
What is the challenge highlighted for sociology in the text?
Signup and view all the answers
In what book does Granovetter's work on Asian businesses and complex business networks appear?
In what book does Granovetter's work on Asian businesses and complex business networks appear?
Signup and view all the answers
What is the essential resource required for successfully dealing with social and eco-entrepreneurship challenges according to the text?
What is the essential resource required for successfully dealing with social and eco-entrepreneurship challenges according to the text?
Signup and view all the answers
What does the text suggest about the manifestation of the gift relationship within networks and legal contracts?
What does the text suggest about the manifestation of the gift relationship within networks and legal contracts?
Signup and view all the answers
