Consider the Following REA Diagram as You Respond to the Next

question 44

Multiple Choice

Consider the following REA diagram as you respond to the next question: The box in the second column represents a(n) :

• A)Resource
• B)Event
• C)Internal agent
• D)External agent

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Definitions:

External Strategic Alliances

Partnerships between businesses and other organizations, formed to pursue mutual goals while maintaining their independence.

Boundaryless Organizations

Companies that remove traditional barriers between departments as well as barriers between the organization and the external environment.

Internal Boundaries

Guidelines and distinctions set within an organization to delineate responsibilities, roles, and departments.

External Environment

External factors, forces, situations, and events outside the organization that can affect its performance and strategies.