Genetech, a Biotechnology Firm Engaging in the New Field of Genetic

question 46

Multiple Choice

Genetech, a biotechnology firm engaging in the new field of genetic engineering, has asked your advice about remaining independent and temporarily gaining access to the marketing and manufacturing expertise it lacks from another firm. You would suggest

• A) forming a limited-liability company.
• B) forming a joint venture.
• C) forming an S-corporation.
• D) merging with a company with the necessary expertise.
• E) starting a cooperative.

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Definitions:

Physical Illness

A condition affecting the body's structure or function that is not caused by an injury. It includes diseases and disorders.

Frustration

A feeling of dissatisfaction, often accompanied by anxiety or depression, resulting from unmet expectations or obstacles to achieving goals.

Stress Research

The study of how individuals respond physically, mentally, and emotionally to pressure, tension, and other external stimuli perceived as challenging.

Desired Goal

An objective, outcome, or state that a person or organization actively seeks to achieve or accomplish.