Question

"Marked Technologies Inc. has an idea for a new airplane rudder. After extensive research, it realizes that it lacks the resources needed to develop the rudder and enters into a long-term partnership with Z-High Airlines. Z-High Airlines was on the lookout for a new rudder design to be used in its commercial passenger jets. In this scenario, the relationship between Marked Technologies and Z-High Airlines is an example of a(n) _____.intrapreneurial venturefranchiseacquisitionstrategic alliance"

Answer 1

The correct answer is letter "A": intrapreneurial venture

Step-by-step explanation:

An intrapreneurial venture is a contractual partnership between two or more organizations that share resources for a shared purpose. The shared target also includes specific product research and development. One of the entities works as an internal employee of a larger institution that provides the resources necessary for the project to take place. The company acting as an internal worker is the one in charge of the development of the project. The entities usually establish a long-term relationship.