Long-Term Agreements Between Two or More Companies to Jointly Develop

question 13

Multiple Choice

Long-term agreements between two or more companies to jointly develop new products or processes that benefit all of the companies involved in the agreement are known as:

• A) horizontal integration.
• B) outsourcing.
• C) strategic alliance.
• D) joint venture.
• E) vertical integration.

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Definitions:

Monolingual

A term describing an individual or society that uses only one language for communication.

Bilingual

The ability of an individual to use two languages effectively.

Monolingual Homes

Households where only one language is spoken, potentially impacting the linguistic development and cultural exposure of the children raised in such environments.

Metaphorically

Speaking or writing about something in a way that implies a symbolic comparison to something else, without using literal language.