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Which of the Following Statements Is Most Correct

Question 13

Multiple Choice

Which of the following statements is most correct?


A) The Hyatt Hotel in Bishkek, Kyrgyzstan is owned by local Kyrgyz investors but is a part of the worldwide Hyatt chain. This is a classic example of a joint venture.
B) Bechtel Corporation won a contract to build a power station by the government of Kazakhstan and, after it was completed, remained to operate the station for a 3-year period. This is an example of a turnkey project with a management contract.
C) Coca-Cola is produced in India by a locally-owned company that buys syrup concentrate and bottles from Coca-Cola in Atlanta. This is an example of an equity alliance.
D) If two or more companies join together to form a separate entity to achieve a specific but limited objective, it is called a joint venture if it is organized as a partnership. However, it is called an equity alliance if it is organized as a corporation.
E) None of the statements above is correct.

Correct Answer:

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