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

Question

Quizplus · Accepted Answer

The "business-without-boundaries" model is characterized by companies not being limited by geographical locations for their operations, engaging in offshoring by contracting with firms in other countries for various business processes, and seeking to manage costs and generate revenue through such global engagements. All the statements provided describe aspects of this business model.

Networked Enterprises and Globalization Have Enabled a New Business Model