When a Stand-Alone Organization Is Created and Owned by Two

question 72

Multiple Choice

When a stand-alone organization is created and owned by two or more parent companies together,the strategic alliance is referred to as a(n)

• A) non-equity alliance.
• B) equity alliance.
• C) proprietorship.
• D) joint venture.

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Definitions:

Strategic Planning

The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy, including its capital and people.

Vertical Communication

The process of information flow between different levels of an organization, both upwards from subordinates to superiors and downwards from superiors to subordinates.

Failures of Substance

Situations or outcomes where the actual performance or result significantly deviates from the intended or expected one, often negatively.

Poor Analysis

Inadequate or faulty examination and evaluation of data or information, leading to incorrect conclusions or understanding.