AT&T and British Telecom, Two of the Largest Communications Companies

question 95

Multiple Choice

AT&T and British Telecom, two of the largest communications companies in the world, allied to create a company called Concerts to investigate the profitability of providing telecommunications services for multinational companies. Concerts is an example of which of the following?

• A) general partnership
• B) cooperative
• C) limited-time partnership
• D) joint venture

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Definitions:

Eldercare

Support and services provided to meet the needs and requirements of elderly people.

Extended Leave

A period of absence from work granted to employees for reasons such as medical conditions or family care, which is longer than typical vacation or sick leave.

Performance Standards

The expected levels of performance that set the benchmark for the quality and effectiveness of work activities or outcomes.

Incentive Systems

Programs or strategies designed to motivate and reward employees in order to enhance their performance and productivity.