Joint ventures are sometimes called:
A)mergers.
B)strategic alliances.
C)acquisition.
D)leveraged buyout.

Question

Quizplus · Accepted Answer

Joint ventures involve two or more companies forming a strategic alliance to combine resources and expertise for a specific project or business venture. Therefore, joint ventures are often referred to as strategic alliances. A merger is a combination of two or more companies into a single new entity, acquisition involves one company taking over another, and a leveraged buyout is a type of acquisition where a large amount of debt is used to finance the purchase of a company. None of these terms accurately describe a joint venture.

Joint Ventures Are Sometimes Called