When One Company Licenses Another to Produce Its Offerings, or Two

question 123

Multiple Choice

When one company licenses another to produce its offerings, or two companies jointly market their complementary offerings, it is called a ________.

• A) pricing collaboration
• B) product or service alliance
• C) promotional alliance
• D) logistics collaboration
• E) total quality management

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Definitions:

Vascular System

The network of blood vessels, including arteries, veins, and capillaries, that circulate blood throughout the body.

Arteries

Blood vessels that carry oxygenated blood away from the heart to the body.

Blood

A vital fluid in humans and other animals that delivers necessary substances such as nutrients and oxygen to the cells and transport metabolic waste products away.

Accelerated Breathing Rates

An increase in the pace at which an individual breathes, often a response to exercise or stress.