Long-Term Agreements Between Two or More Companies to Jointly Develop

question 13

Multiple Choice

Long-term agreements between two or more companies to jointly develop new products or processes that benefit all of the companies involved in the agreement are known as:

• A) horizontal integration.
• B) outsourcing.
• C) strategic alliance.
• D) joint venture.
• E) vertical integration.

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Definitions:

Pretend Play

A form of play in which children use their imagination to create scenarios, often involving role-playing and make-believe activities.

A-not-B Error

A phenomenon observed in developmental psychology where infants will search for an object where they last found it, rather than its new location, indicating a lack of object permanence understanding.

Infants

Young children from birth to one year old who are entirely dependent on adults for care.

Objects

Material items that can be seen and touched, and are distinguishable from ideas or thoughts.