What is involved in the joint venture option for structuring a strategic alliance?
A) rarely the formation of a new business unit
B) less formality than a cooperative relationship
C) a combined, new-product development team
D) the partners taking ownership positions

Question

Quizplus · Accepted Answer

In a joint venture, the partners typically take ownership positions in a newly formed entity, sharing resources, risks, and profits.

What Is Involved in the Joint Venture Option for Structuring