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:

Yield

The amount of product produced in a chemical reaction, typically expressed as a percentage of the theoretical maximum based on the reactants used.

Carbonyl

A functional group consisting of a carbon atom double-bonded to an oxygen atom, found in aldehydes, ketones, carboxylic acids, and their derivatives.

2-Methylhexan-2-ol

A secondary alcohol that is derived from hexane by substituting a methyl group and a hydroxyl group at the second carbon.

Synthesize

To chemically produce a compound, typically by combining or compiling different elements or substances through various reactions.