Lecture 4a: E-business networks

Question 1

Definition of “Network”

Answer 1

A structure of ties among actors

Question 2

Definition of “Corporate network”

Answer 2

A long term arrangement among distinct but related for-profit organizations

Question 3

Characteristics of Inter-company networks

Answer 3

• Network participants have a common goal
• All network participants have a distinct specific goal as well
• Networks consists of relation characterized by mutual investments or independences. Not just transactional links.
• Networks have a distinct boundary with their environments.
• The links between network participants are based on various types of exchange (Money, Information and knowledge and economic goods)

Question 4

Desirable features of inter-company networks

Answer 4

1. Consist of nodes and relations
   
   • Nodes: independent organizations
2. Manage interdependence between companies
   
   • Differ from mergers collecting organizations into a single
     company
   • Based on purposeful collaboration and specific
     communication patterns.
3. Vary with respect to goals, boundaries, structures, processes and other attributes

Question 5

Different types of networks

Answer 5

1. Stable networks
2. Dynamic networks
3. Thick networks
4. Thin networks
5. Thightly coupled networks
6. Loosely couples networks