I just discovered that:
"Metadata about the alternatives system can be found in the administrative directory, which defaults to /var/lib/alternatives
."
I found that information at this URL: http://www.quora.com/Alternatives-Linux-command/How-does-the-alternatives-system-work
Each file in that directory represents a 'name' for an alternative. It turns out that alternatives can manage more than just the link to a single binary. It can manage related paths too!