Which of the following best defines a joint venture?
A) a joint venture is one in which two, or sometimes more, independent companies agree to combine resources in order to achieve a specific objective, usually limited in scope.
B) A joint venture is one in which two , or sometimes more, independent companies agree to combine resources in order to achieve a specific objective, usually expansive in scope.
C) A joint venture is one in which two, or sometimes more, independent companies agree to merge into a single firm , usually wider in scope.
D) A joint venture is one in which two, or sometimes more, independent companies agree to combine resources in order to achieve a specific objective, usually limited in scope .
Correct Answer:
Verified
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