Contracts that call for one firm to supply, produce, market, or distribute another's goods or services over an extended period of time are called ________.
A) equity alliances
B) nonequity alliances
C) multiparty alliances
D) joint ventures

Question

Quizplus · Accepted Answer

Contracts that call for one firm to supply, produce, market, or distribute another's goods or services over an extended period of time are called nonequity alliances. Equity alliances involve the creation of a new, separate entity in which each partner shares ownership, while multiparty alliances involve more than two partners, and joint ventures are a specific type of equity alliance in which partners share ownership and control of a new entity created specifically for a particular project or purpose.

Contracts That Call for One Firm to Supply, Produce, Market