Which of the following is a type of joint venture?
A) direct exporting
B) contract manufacturing
C) direct investment
D) retailing
E) wholesaling

Question

Quizplus · Accepted Answer

Contract manufacturing involves a partnership between a company with a product to be manufactured and a company that provides the manufacturing services. It is one type of joint venture where both companies share the risks and profits. Direct exporting, direct investment, retailing and wholesaling are not types of joint ventures.

Which of the Following Is a Type of Joint Venture