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Anchor Hospitals Entered into a Long-Term Contract with Helium Health

Question 55

Multiple Choice

Anchor Hospitals entered into a long-term contract with Helium Health Care,and allowed it the use of its brand name.In return Helium Health Care paid a lump sum and also a percentage of future profits and agreed to abide by all rules and operating procedures laid down by Anchor Hospitals.This is an example of _____.


A) direct ownership
B) strategic alliance
C) joint venture
D) franchising

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