Networked Enterprises and Globalization Have Enabled a New Business Model

question 27

Multiple Choice

Networked enterprises and globalization have enabled a new business model called "business-without-boundaries." Which of the following statements describes this business model?

• A)Companies no longer have all of their employees in one location
• B)It is called offshoring and companies contract with firms in other countries to do such business processes as human resources, payroll, and accounting
• C)Companies are under a great deal of scrutiny to manage costs and generate revenue so they contract with foreign firms to do various business processes at a lower cost to the company
• D)all of the above statements describe this model

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Definitions:

Video Files

Digital files that contain video content, which can be stored, transmitted, and played by computers and digital devices.

GoPro

A brand known for its action cameras and video editing software, often used in extreme action videography.