The Kind of Strategic Alliance in Which There Is a Partnership

question 98

Multiple Choice

The kind of strategic alliance in which there is a partnership of similar companies in similar industries who pool their resources to gain a benefit that is too expensive to develop alone is the

• A) joint venture.
• B) licensing agreement.
• C) value-chain partnership.
• D) mutual service consortia.
• E) holding company.

Analyze the formation, operation, and legal aspects of various business organizations through comparative analysis.

Discuss the benefits and limitations of forming a cooperative and how profits are distributed among its members.

Grasp the legal and operational distinctions between business trusts, joint stock companies, joint ventures, and syndicates.

Understand the implications of fraud and legal responsibility between partnering businesses in undertakings like publishing and marketing.

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Definitions:

Geologic Hazards

Natural events or phenomena that might have a negative effect on life or property, which include earthquakes, landslides, and volcanic eruptions.

Active Fault

A fracture in Earth's crust along which there has been recent movement and which is likely to produce earthquakes.

River

A large moving stream of water driven by gravity and flowing from higher to lower elevations.

Active Volcano

A volcano that has erupted in the recent past and is considered likely to do so again.