The Collaboration Between Volvo Aero (A Subsidiary of Sweden's AB

question 14

Multiple Choice

The collaboration between Volvo Aero (a subsidiary of Sweden's AB Volvo) and U.S.-based Pratt & Whitney to produce a new jet engine would be characterized as a(n) :

• A) collusive tactic.
• B) merger.
• C) cross-border strategic alliance.
• D) international acquisition.

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Definitions:

Social Welfare

Programs and policies designed to enhance the well-being and quality of life of individuals, especially those in need.

Nonprofit Organization

An organization that operates for educational, charitable, social, religious, or other activities serving the public interest without seeking to generate profits for owners or stakeholders.

Lobby

The act of trying to influence the decisions of policymakers or government officials, typically conducted by special interest groups.

Advocacy

The active support or defense of a cause or policy to bring about social, environmental, or political change.