A System Formed by the Interactions of a Community of Organizations

question 33

Multiple Choice

A system formed by the interactions of a community of organizations and their environment is referred to as a(n) :

• A) interorganizational relationships.
• B) organizational ecosystem.
• C) collaboration network.
• D) institutional environment.

---

Definitions:

Marginal Analysis

An examination of the additional benefits of an activity compared to the additional costs incurred by that same activity.

Additional Costs

Expenses that are not initially planned or anticipated, which can arise during the course of a project or as part of an operation.

Economic Models

Simplified representations of complex economic processes used to predict future economic activity.

Simplifying Assumptions

Rational approximations or conditions made to simplify complex systems or models so that they are easier to analyze or understand.