The Partners in a _____ Share Decision Making Authority, Control

question 82

Multiple Choice

The partners in a _____ share decision making authority, control of the operation, and profits earned.

• A) tactical alliance
• B) consortium
• C) strategic association
• D) cloud system
• E) joint venture

---

Definitions:

Seeks to Acquire

The process of actively looking for opportunities to obtain or gain possession of assets, skills, technology, or companies.

Competing Companies

Businesses or organizations that are in the same industry and vie for the same customer base, market share, or resources.

Market Power

The ability of a firm or entity to influence the price, quantity, and other market factors of goods or services, often due to its dominant share or unique position.

Horizontal Merger

A business strategy involving the combination of two or more companies at the same stage of production in the same or different industries.