According to the BRIE model,which of the following sets a firm off from the buying or selling or bartering done casually by nonmerchants?
A) Resources
B) Boundary
C) Intention
D) Exchange

Question

Quizplus · Accepted Answer

According to the BRIE model, the boundary sets a firm off from the buying or selling or bartering done casually by non-merchants. The boundary refers to the threshold that separates the firm's internal transactions from the external marketplace transactions. Resources refer to the inputs such as labor, materials, and capital utilized in the production of goods and services. Intention refers to the goals or objectives which the buyer or seller seeks to accomplish through the transactions. Exchange refers to the transfer of goods or services between two parties.

According to the BRIE Model,which of the Following Sets a Firm