A Strategic Alliance in Which the Partners Own Different Percentages

question 69

Multiple Choice

A strategic alliance in which the partners own different percentages of the new company they have formed is called a(an)

• A) equity strategic alliance.
• B) joint venture.
• C) nonequity strategic alliance.
• D) cooperative arrangement.

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Definitions:

Managing

The act of planning, organizing, leading, and controlling resources and activities to achieve specific goals.

Expectancy Theory

A motivational theory suggesting that people are driven to act in a certain way based on the expectation that their actions will lead to a desired outcome.

Motivation

The psychological forces that determine the direction of a person's behavior in an organization, a person's level of effort, and a person's level of persistence.

Work

Exertion or effort directed to produce or accomplish something; can be physical or mental.