AT&T and British Telecom,two of the Largest Communications Companies in the World,allied

question 22

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 was an example of which of the following?

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

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Definitions:

Meritocracy

Meritocracy is a system where individuals are rewarded and advanced based on their talents, abilities, and effort rather than their social status or background.

Homogeneous

Consisting of parts or elements that are all the same or similar in nature, often used to describe groups, substances, or systems that are uniform in composition.

Educational Attainment

The greatest degree of schooling that someone has achieved.

Educational Achievement

The attainment of educational milestones or degrees, often measured by standardized tests, diplomas, or other formal certifications.