Final answer:
The statement regarding the use of intranet for communication with outside parties is false; an intranet is meant for internal use within an organization.
Step-by-step explanation:
The statement "An intranet utilizes Web-based technology to improve communication with parties outside of the organization" is false. An intranet is a private network accessible only to an organization's staff. Generally, it makes use of the same technologies and protocols as the Internet, but it is segregated from the public Internet and is designed to facilitate internal communications and operations within an organization, not external ones. In contrast, the term extranet is used to describe a network that allows controlled access from outside an organization, typically to partners, vendors, or selected customers.