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.

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Definitions:

Benefits Principle

A theory in taxation where taxes are apportioned according to the benefits received by taxpayers; those who benefit more from government services, pay more taxes.

Federal Government

The national government of a federal country, which holds the authority over matters that affect the country as a whole.

Horizontal Equity

The principle that individuals with similar incomes or circumstances should be taxed at the same rate.

Demographic Trends

Patterns in the composition of a population over time, such as age, race, gender distribution, which can influence various aspects of societal behavior and policy.