Omega Corporation and Precision Coding,Inc

question 64

Multiple Choice

Omega Corporation and Precision Coding,Inc.,two software firms,wish to combine their research and development capabilities to make a special,limited edition computer game.The most appropriate legal entity for this project might be

• A)a business trust.
• B)a joint stock company.
• C)a joint venture.
• D)a syndicate.

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Definitions:

Interacting Groups

Groups of individuals who come together to achieve common goals and are characterized by regular communication and interdependence.

Trust

The confidence or belief in the integrity, reliability, and fairness of a person or system.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone in the group and is used to generate and prioritize ideas.

Brainstorming

A group creativity technique designed to generate a large number of ideas for the solution of a problem.