An Arrangement Between Two or More Firms That Establishes an Exchange

question 47

Multiple Choice

An arrangement between two or more firms that establishes an exchange relationship but has no joint ownership involved is called a:

• A) network
• B) trade association
• C) consortia
• D) joint venture
• E) strategic alliance

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Definitions:

Conflict Resolution

The process of resolving a dispute or disagreement between two or more parties in a constructive manner.

Unconditional Positive Regard

According to Carl Rogers, a caring, nonjudgmental attitude of total acceptance toward another person; Rogers believed that this attitude, used in therapy, would help clients develop self-awareness and self-acceptance.

Free Association

A psychoanalytic technique in which a patient says whatever comes to mind without censoring themselves, used to explore unconscious thoughts and feelings.

Executive Personality

A term often referring to individuals who demonstrate leadership qualities, decision-making capability, and a proactive approach in handling tasks and challenges.