Which term refers to two or more companies that share ownership of an FDI?
A)turnkey operation
B)transnational firm
C)joint venture
D)franchise

Question

Quizplus · Accepted Answer

A joint venture is an FDI in which two or more companies share ownership and control of a business operation. This can be beneficial for companies looking to enter foreign markets, as they can share risks and expenses with a local partner who has knowledge of the market and regulatory environment.

Which Term Refers to Two or More Companies That Share