AT&T Entered into a _____ with Compagnie General D'Electricite, a French

question 81

Multiple Choice

AT&T entered into a _____ with Compagnie General d'Electricite, a French company.The French company brings its patents on digital telephone switches, and AT&T provides the marketing know-how to the relationship.

• A)international partnership
• B)joint venture
• C)joint cooperative
• D)oligopoly
• E)international cartel

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Definitions:

Productivity

Refers to the efficiency of production in terms of units produced per unit of input, such as labor or capital.

Resource

A resource is any physical or virtual entity of limited availability that needs to be consumed to obtain a benefit.

Productivity

The effectiveness in producing outcomes or results; can refer to the rate at which work is completed or the efficiency of resource use.

Output

The total amount of goods or services produced by a firm, industry, or economy within a specific period.