IBM and Microsoft, Each Contributed Cash, Facilities, and Intellectual Property

question 13

Multiple Choice

IBM and Microsoft, each contributed cash, facilities, and intellectual property rights in a joint venture project. This is an example of _________.

• A) non-equity joint venture
• B) cooperative joint venture
• C) FDI
• D) equity joint venture

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Definitions:

Centralization

The concentration of decision-making authority at the upper levels of an organization.

Specialization

The process of focusing on and becoming expert in a specific area of knowledge or activity.

Differentiation

The process of identifying and emphasizing the unique characteristics or features of a person, product, or organization.

Integration

The process of combining or coordinating separate elements or groups into a unified whole, often seen in organizational, social, or technological contexts.