Anchor Hospitals Entered into a Long-Term Contract with Helium Health

question 55

Multiple Choice

Anchor Hospitals entered into a long-term contract with Helium Health Care,and allowed it the use of its brand name.In return Helium Health Care paid a lump sum and also a percentage of future profits and agreed to abide by all rules and operating procedures laid down by Anchor Hospitals.This is an example of _____.

• A) direct ownership
• B) strategic alliance
• C) joint venture
• D) franchising

---

Definitions:

Reaction Sequence

A series of chemical reactions where the product of one reaction serves as the reactant for the next.

Phospholipid

A lipid molecule that is a major component of cell membranes, consisting of two fatty acids, a phosphate group, and a glycerol backbone.

Alkaloid

A class of naturally occurring organic compounds that mostly contain basic nitrogen atoms.

Organic Product

A compound resulting from an organic reaction, characterized by containing carbon atoms bonded to hydrogen, other carbon atoms, or heteroatoms.