When Managers Pool or Share Their Organization's Resources and Know-How

question 60

Multiple Choice

When managers pool or share their organization's resources and know-how with those of a foreign company, and the two organizations share the rewards or risks of starting a new venture in a foreign country, the two organizations are involved in

• A)a joint venture.
• B)a strategic alliance.
• C)differentiation.
• D)licensing.

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Definitions:

Distance Learning

A method of studying in which lectures are broadcast or classes are conducted by correspondence or over the Internet, without the student needing to attend a school or college.

Analog Voice

The traditional method of transmitting voice information using continuous signals, differing from digital voice which uses discrete values for transmission.

Digitized

The process of converting information into a digital format, making it accessible and manipulable by computers.

World Wide Web

An information system where documents and other web resources are identified by Uniform Resource Locators (URLs), which are interlinked by hypertext and accessible via the Internet.