In a ________, Cooperating Firms Create a Legally Independent Firm

question 83

Multiple Choice

In a ________, cooperating firms create a legally independent firm in which they invest and from which they share any profits that are created.

• A) licensing agreement
• B) supply agreement
• C) distribution agreement
• D) joint venture

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Definitions:

Random Assignment

A technique used in experiments to ensure that each participant has an equal chance of being placed in any group.

Descriptive Statistics

Statistics that summarize, organize, and simplify data to describe its main features without drawing conclusions beyond the data itself.

Sampling

The process of selecting a subset of individuals, objects, or observations from a larger population to make inferences about the whole.

Observational Studies

Research methods in which subjects are observed in their natural environment without any intervention by the researcher.