₇₄_._I_n_Canada_,_tw_o_automobil_e_companie_s_hav_e_entere_d_int_o_a _t_o_creat_e_CAM_I_Automotive_._On_e_firm_'_s
Management runs the plant, which makes the other's cars. The agreement gives one access to the other's dealers
To sell its brand of vehicles.

Question

Quizplus · Accepted Answer

The scenario describes a joint venture where two companies collaborate to create a new entity (CAMI Automotive) to produce and sell vehicles, sharing resources and management.

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