Two Years Ago, Cameron Jones and Mary Scott Each Owned

question 41

Multiple Choice

Two years ago, Cameron Jones and Mary Scott each owned a small chain of smoothie restaurants in New York City. Just recently, they decided to pool their interests and combine their individual chains of restaurants into one chain. What Cameron and Mary did with their firms is called a(n) ________.

• A) licensing agreement
• B) strategic alliance
• C) acquisition
• D) joint venture
• E) merger

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Definitions:

Vascular Tissue

The specialized tissue in plants that conducts water and nutrients through the plant body, comprising mainly of xylem and phloem.

Lignin

A substance found in many plant cell walls that confers rigidity and strength, particularly in woody tissues.

Polymer

A large molecule composed of repeating structural units, typically connected by covalent chemical bonds, found in many materials and biological systems.

Vascular Plants

Plants that have specialized tissues (xylem and phloem) for transporting water, nutrients, and sugars throughout the organism.