Trout Corp., Kirgo Ltd., and Sturgeon Inc., three of the leading construction companies in the United States, have decided to join hands and create a new cement manufacturing company.According to their agreement, Trout Corp.will have 50 percent equity, Kirgo Ltd.will have 20 percent equity, and Sturgeon Inc.will have 30 percent equity.In this given scenario, Sturgeon Inc.is referred to as a ________.
A) minority JV partner
B) majority JV partner
C) sole proprietor
D) franchisor
Correct Answer:
Verified
Q3: Which of the following types of alliances
Q5: Alliances that are carried out through contract
Q6: France's Thomson Electronics combined with China's TCL
Q7: Working partnerships between two or more companies
Q8: A _ is a new independent entity
Q9: Which of the following is NOT a
Q10: Alliances are also known as _.
A)competitive strategies
B)cooperative
Q11: Runnerz Inc., a leading manufacturing and retail
Q16: Wholly owned operations abroad inhibit a company's
Q45: What is an equity alliance?
A)a collaborative arrangement
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