The Kind of Strategic Alliance in Which a Company Forms

question 82

Multiple Choice

The kind of strategic alliance in which a company forms a strong and close long-term relationship for mutual advantage with a key supplier or distributor is the

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

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Definitions:

Electronic Fund Transfer

The electronic transfer of money between accounts, facilitated by a network of computers, allowing for quick and secure transactions without the need for physical exchange of cash or checks.

Wire Transfer

An electronic method of transferring funds directly from one person or entity's bank account to another's across financial institutions.

Integrative Negotiation

A negotiation approach in which the parties’ goals are not seen as mutually exclusive, but the focus is on both sides achieving their objectives.

Distributive Bargaining

A negotiation strategy that involves a fixed amount of resources to be divided between parties, often resulting in a win-lose scenario.