An Arrangement by Which One Firm Provides Management in All

question 1

Multiple Choice

An arrangement by which one firm provides management in all or specific areas to another firm is a:

• A)license.
• B)franchise.
• C)management contract.
• D)joint ventures.
• E)strategic alliances.

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Definitions:

Videoconferencing

A technology-based meeting format that allows participants to see and hear each other through video and audio connections, often used for remote communication.

Strategic Use

Employing something in a carefully planned way to achieve a specific goal or outcome.

Professional Reputation

The perception and regard others have of an individual's professional skills, character, and ethics, developed over time through their actions and accomplishments.

On-The-Job Accuracy

Refers to the precision and correctness of an employee's work performance while completing their job tasks.