Joint ventures are also termed ________.
A)licenses
B)franchises
C)foreign subsidiaries
D)subsidiaries
E)strategic alliances

Question

Quizplus · Accepted Answer

Joint ventures are a type of strategic alliance where two or more companies come together to form a new entity to pursue a specific business opportunity. Joint ventures are different from franchises, licenses, and subsidiaries, but they are a type of strategic alliance.

Joint Ventures Are Also Termed ________