OD-Managing Change and Multi-Organizations

Question 1

Complementaries

Answer 1

different (yet compatible) design components, rather than similarities in design components between two parent organizations; often used as a motivation for two organizations forming a multi-organization

Question 2

Joint venture

Answer 2

the forming of a new organization by two or more independent organizations; the organization typically remains independent of the parents, except for the resources that they bring together in the joint venture

Question 3

Merger

Answer 3

the forming of a new organization by combining two or more independent organizations together

Question 4

Multi-organization

Answer 4

the formation of a new organization, C, by multiple parent organizations, A and B; the multi-organizational forms are joint ventures, mergers, and alliances or partnerships

Question 5

Strategic alliance

Answer 5

planned collaboration among multiple firms for conducting business activity together for purposes of mutual benefit; typically takes the form of a contract among the collaborating firms; sometimes referred to as a partnership

Question 6

Strategic partnership

Answer 6

planned collaboration among multiple firms for conducting business activity together for purposes of mutual benefit; typically takes the form of a contract among the collaborating firms; sometimes referred to as an alliance