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A Strategic Alliance Exists Whenever Three or More Independent Organizations

question 87

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A strategic alliance exists whenever three or more independent organizations cooperate in the development, manufacture, or sale of products or services.


Definitions:

Vertical Intercept

The point at which a line meets the vertical axis of a graph.

Dependent Variable

A variable that changes as a consequence of a change in some other (independent) variable; the “effect” or outcome.

Independent Variable

In statistical and mathematical models, the variable that is manipulated or changed to observe its effect on a dependent variable.

Candy Store

A retail establishment specializing in the sale of candies, sweets, and similar confectionery products.

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