An Entity Created by Two or More Firms Pooling a Portion

question 51

Multiple Choice

An entity created by two or more firms pooling a portion of their resources to create a separate, jointly-owned organization is called a ________.

• A) trade association
• B) network
• C) joint venture
• D) consortia
• E) strategic alliance

---

Definitions:

Subjective Process Variables

Variables in research that are based on personal feelings, tastes, or opinions, affecting the study's process or outcomes.

Multiple Perspectives

Incorporating various viewpoints or angles of consideration in a study to provide a comprehensive understanding of the researched phenomenon.

A Priori

Based on hypothesis or theory formed prior to a specific observation or experiment, not on empirical evidence.

Estimated Growth

The projected increase in size, value, or importance of something over a specific period.