Podcast
Questions and Answers
Successful businesses are procurement experts.
Successful businesses are procurement experts.
True (A)
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 (B)
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 (B)
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.
The company relies on social capital to manage large networks of suppliers.
The company relies on social capital to manage large networks of suppliers.
Asian businesses do not engage in complex business networks involving family members.
Asian businesses do not engage in complex business networks involving family members.
Transformational leadership is not mentioned in the text.
Transformational leadership is not mentioned in the text.
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.
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.
Successful companies primarily procure physical resources for creating profitable goods and services.
Successful companies primarily procure physical resources for creating profitable goods and services.
Which capability is emphasized as surpassing everything else for successful businesses?
Which capability is emphasized as surpassing everything else for successful businesses?
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?
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?
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?
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?
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?
What is the challenge highlighted for sociology in the text?
What is the challenge highlighted for sociology in the text?
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?
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?
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?
