MATCHING
-joint ventures
A)ownership of an entire industry by just a few companies
B)the imposition of one's cultural values on other cultures
C)sensational, scandalous, and shocking dimensions of a situation
D)the social and cultural institutions that make up society
E)profit-maximization strategy grounded in risk avoidance
F)the strategic targeting of a particular demographic group
G)communication aimed at promoting a product or brand
H)the strategic interrelation of subsidiary companies
I)corporate collaboration aimed at reducing financial risk
J)profit-maximization strategy that utilizes cross-promotion
K)intentional design of a product with a limited useful life
L)production and distribution of media products on a global scale
M)underlying economic and material conditions of society
N)the continuous desire to increase capital
O)cultural phenomenon that celebrates famous personalities
P)corporate practice of accumulating multiple companies

Question

Quizplus · Accepted Answer

Corporate collaboration aimed at reducing financial risk is the definition of joint ventures. Joint ventures involve two or more parties, typically companies, pooling their resources for a particular project or business activity, with the aim of reducing financial risk by sharing it among the participants.

MATCHING -Joint Ventures