Joint ventures are __________ that help participants to gain things through cooperation that otherwise would be difficult to achieve independently.
A) foreign partnering contracts
B) strategic alliances
C) import/export arrangements
D) licensing agreements
E) management contracts

Question

Quizplus · Accepted Answer

Joint ventures are a type of strategic alliance where two or more parties come together to undertake a specific project or business activity, sharing resources and risks to achieve mutual benefits that would be challenging to accomplish alone.

Joint Ventures Are __________ That Help Participants to Gain Things