Collaborative Relationships Between Two or More Organizations in Which They

question 27

Multiple Choice

Collaborative relationships between two or more organizations in which they combine their resources and capabilities for some business purpose are known as ________.

• A) communities of practice
• B) strategic partnerships
• C) ad hoc organizations
• D) organizational task forces

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Definitions:

Organizational Objectives

Specific goals a business or entity aims to achieve within a set timeframe.

Services

Activities or functions that are offered either to meet the needs of customers or to support the operations of an organization, such as IT support, catering, and cleaning.

Minimum-Wage Acts

Laws that establish the lowest hourly wage that can legally be paid to workers.

Remuneration

Compensation or payment received for employment or services provided, including salary, wages, bonuses, and benefits.