A(n) ________ is formed when the entering retailer pools its resources with a local retailer to form a new company in which ownership, control, and profits are shared.
A) merger
B) joint venture
C) acquisition
D) strategic alliance
E) takeover

Question

Quizplus · Accepted Answer

A joint venture is formed when the entering retailer pools its resources with a local retailer to form a new company in which ownership, control, and profits are shared.

A(n) ________ Is Formed When the Entering Retailer Pools Its