The equity joint venture:
A)Is characterized by one group merely providing a service for another
B)Involves a financial investment by the MNC in a business enterprise with a local partner
C)Organizes worldwide operations based primarily on function and secondarily on product
D)Provides the most benefits when the need for product specification or differentiation is high

Question

Quizplus · Accepted Answer

The second type is the equity joint venture, which involves a financial investment by the MNC parties involved.

The Equity Joint Venture