Any agreement between two or more parties to collaborate with each other, in order to achieve certain objectives while continuing to remain independent organizations is called _______________.

Related MCQs

• ________________accounting is the process by which companies and organizations record the financial impact of agreements to rent or finance the rights to use specific assets.
• ___________ establishes principles for presenting and preparing consolidated financial statements when an entity controls one or more other entities.
• __________ is the corporate management term for the act of reorganizing the legal, ownership, operational or other structures of a company for the purpose of making it more profitable or better organized for its present needs.
• In finance lease agreement, the option for the lessee to purchase the property or equipment at a specific price is known as __________________________.
• A merger is defined as the joining of two or more companies to form a single legal entity.
• A merger of two or more companies that compete in the same industry.
• __________ is when a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities
• The recognition of the close link between an organisation's decisions and activities and its impact on the natural environment is called __________.
• ______________ is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.
• A form of corporate restructuring in which the entity's business operations are segregated into one or more components is known as __________________.