A(n) ________ is a collaborative relationship between independent firms.

A. merger
B. acquisition
C. joint venture
D. strategic alliance
E. takeover


Answer: D

Business

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DFDRR ______.

A. helps to reduce waste B. increases marketing costs C. reduces advertising costs D. ensures compliance with government regulations

Business

When a firm is looking for multiple competitive bids, they distribute a(n) _____

A) request for proposal (RFP) B) unsolicited proposal C) solicited proposal D) internal proposal E) noncompetitive proposal

Business

Change leaders will be most effective if they have which of the following characteristics?

a. Distrust of organizational fads b. See the world in linear terms c. Low tolerance for ambiguity d. Pessimism

Business

A firm can improve its operational capabilities by ______.

a. leveraging only its own current resources b. leveraging the resources of its supply chain partners c. by focusing only on economic value d. by focusing only on both social and economic value

Business