The most common__________is a joint venture, which occurs when two existing companies collaborate to form a third company.
A) business acquisition
B) merger
C) divestiture
D) strategic alliance

Question

Quizplus · Accepted Answer

A joint venture is a type of strategic alliance where two existing companies collaborate to form a third, separate company that is owned and operated by both companies. It allows the companies to share resources and expertise while minimizing financial risks. Business acquisition involves one company buying another company outright, while a merger involves the integration of two separate companies into a single entity. Divestiture is when a company sells off a business unit or asset.

The Most Common__________is a Joint Venture, Which Occurs When Two