A(n)________ refers to a JV among companies in different countries.
A)international joint venture
B)equity joint venture
C)global joint venture
D)transnational joint venture

Question

Quizplus · Accepted Answer

The term "international" signifies involvement of companies from different countries in the joint venture, which is the case for option A - international joint venture. Option B, equity joint venture, refers to a type of joint venture where partners share ownership, while option C, global joint venture, is not a commonly used term. Option D, transnational joint venture, could also be an appropriate choice, as it also implies involvement of companies from different countries, but "transnational" tends to emphasize the cross-border nature of the venture more than "international."

A(n)________ Refers to a JV Among Companies in Different Countries