A Strategic Alliance Differs from a Joint Venture in That

question 64

Multiple Choice

A strategic alliance differs from a joint venture in that a strategic alliance:

• A) occurs when goods and services offered by two or more organizations under different brands are located very close to each other.
• B) is a cooperative arrangement that involves two or more organizations sharing only control of the operations.
• C) is a cooperative arrangement between two or more organizations that does not involve the creation of a new entity.
• D) refers to a blending of competition and cooperation between two firms.
• E) is a cooperative arrangement that involves two or more organizations, each contributing to the creation of a new entity.

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Definitions:

Kruskal-Wallis Test

A nonparametric statistical test used to compare three or more independent samples to determine if they originate from the same distribution.

P-value

The probability of obtaining a test statistic at least as extreme as the one that was actually observed, assuming that the null hypothesis is true.

Test Statistic

A value calculated from sample data during a hypothesis test that is compared to a threshold value to decide whether to reject the null hypothesis.

Wilcoxon Signed Rank Sum Test

A statistical test that doesn't rely on parameters to compare two matched groups, aiming to determine if there is a difference in their population mean ranks.