Anything External to an Organization's Boundaries Is Considered to Be

question 56

Multiple Choice

Anything external to an organization's boundaries is considered to be:

• A) of little importance.
• B) an environment.
• C) an enterprise resource system.
• D) an associative entity.

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Definitions:

Globally Integrated

A characteristic of businesses or systems that operate seamlessly across international boundaries, leveraging global resources and markets.

Meganational Strategy

A corporate strategy that involves operating in multiple countries around the world and coordinating marketing, production, and other business activities on a global scale. (Note: This term is not commonly used and might refer to what is traditionally known as a multinational or global strategy.)

Transnational Strategy

A business strategy that involves operating in several countries while optimizing flexibility and local responsiveness.

Knowledge Flow

The process through which information and expertise are disseminated within and between organizations, teams, or individuals.