Which of the following is a feature of joint venture that differentiates it from other forms of alliances?
A) It usually does not result in the creation of a new business entity.
B) It increases asset commitment to products that will become rapidly obsolete.
C) It increases cycle time of a technology.
D) It involves a significant equity stake by the partners.

Question

Quizplus · Accepted Answer

Joint ventures involve a significant equity stake by the partners, which is a feature that sets it apart from other forms of alliances. Additionally, joint ventures often result in the creation of a new business entity, unlike other types of partnerships or collaborations.

Which of the Following Is a Feature of Joint Venture