________ Are Partnerships Between Two or More Firms That Decide

question 48

Multiple Choice

________ are partnerships between two or more firms that decide they can better pursue their mutual goals by combining their resources as well as their existing distinctive competitive advantages.

• A)Greenfield investments
• B)Strategic alliances
• C)Foreign subsidiaries
• D)Turnkey operations

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Definitions:

Lower Explosion Level (LEL)

The lowest concentration of a gas or vapor in the air that will ignite and produce a flame.

Vapor Phase

The state of a substance when it is in gas form, especially when it coexists with its liquid or solid phase.

Avogadro's Law

States that equal volumes of gases at the same temperature and pressure contain the same number of molecules.

Equal Volumes

Describes when two or more substances occupy the same amount of space, despite possibly having different shapes or forms.