How Does a Joint Venture Differ from a Strategic Alliance

question 34

Multiple Choice

How does a joint venture differ from a strategic alliance?

• A) A joint venture is where two organisations act as venture capitalists to fund the development of a third organisation, whereas an alliance involves contributing expertise rather than money.
• B) The two terms are interchangeable and both describe collaboration between two or more organisations.
• C) A joint venture is when two or more organisations set up a new enterprise, whereas a strategic alliance is a temporary collaboration to achieve a shared goal.
• D) A joint venture is where two companies own equal shares in a third, whereas a strategic alliance is where one of them is a junior partner, owning less than an equal share.

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Definitions:

MMPI

Minnesota Multiphasic Personality Inventory, a standardized psychometric test of adult personality and psychopathology.

Rorschach Test

A psychological test in which subjects' perceptions of inkblots are recorded and then analyzed using psychological interpretation, complex algorithms, or both, often used to assess personality and emotional functioning.

Clinical Interview

A method used in psychology to gather information about an individual's psychological state and functioning through a structured conversation.

DSM

The Diagnostic and Statistical Manual of Mental Disorders, a handbook used as a standard criteria for the classification of mental disorders.