Rodriguez Automobiles Inc.,a Swiss automobile giant shared management with Zeus Pvt.Ltd.,a Japanese automobile manufacturer.The two firms eventually combined to create Rodriguez and Zeus Ltd.and control was split equally.Which of the following approaches is being used by the combination?

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Quizplus · Accepted Answer

In joint venture, a company may decide to share management with one or more collaborating foreign firms. Control of the joint venture may be split equally, or one party may control decision making.