interdependent
(adjective)
Two or more systems that depend or support one another, often achieving mutual benefit.
Examples of interdependent in the following topics:
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Channels for Consumer Goods
- Marketing channels are sets of interdependent organizations involved in making a product or service available for use or consumption.
- All of these individuals are interdependent, and could not operate successfully without the cooperation and capabilities of all the others.
- Based on this relationship, a marketing channel can be defined as "sets of interdependent organizations involved in the process of making a product or service available for use or consumption, as well as providing a payment mechanism for the provider. " This definition implies several important characteristics of the channel.
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Channels for Industrial Goods
- A channel for industrial goods is a set of interdependent organizations in the process of making products/services available for use.
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Defining Globalization
- The derivation of the term 'globalization' stems from the verb 'to globalize', which embodies the concept of international interdependence and influence between various social and economic systems.
- Modern day markets are exponentially more interdependent, as both travel and communication have developed to the point of relative immediacy.
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Complications of Globalization
- Arguments against the increase in interdependent global markets also focus on the environmental concerns of outsourcing.
- Assess the validity and implications of the drawbacks and complications inherent in the migration towards a globally interdependent economic framework
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Flat versus tall organizations
- This type of structure promotes task interdependence with less attention to formal procedures.
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Definition
- Since the actions taken by one competitor to attract buyers are likely to affect the performance of other competitors, competing firms are said to be interdependent.
- Coke and Pepsi are interdependent.
- It should be easy to envisage Coke and Pepsi as interdependent competing firms.
- Can you come up with five more examples of interdependent competing firms, e.g.
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Layers in an Organization: Tall vs Flat Organizations
- This type of structure promotes task interdependence with less attention to formal procedures and more decisions are made at the middle levels of the organization.
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The State of Competition
- Take Coke and Pepsi, two interdependent companies.
- Since the actions taken by one competitor to attract buyers are likely to affect the performance of other competitors, competing firms are said to be interdependent.
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Philosophies
- Mutually beneficial supplier relationships: Since an organization and its suppliers are interdependent, therefore, a mutually beneficial relationship between them increases the ability of both to add value.
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The Asia-Pacific Economic Cooperation
- Established in 1989 in response to the growing interdependence of Asia-Pacific economies and the advent of regional economic blocs (such as the European Union) in other parts of the world, APEC works to raise living standards and education levels through sustainable economic growth and to foster a sense of community and an appreciation of shared interests among Asia-Pacific countries.