Capital Radio PLC,the United Kingdom's biggest commercial radio firm announced in 2002 that it would cooperate with Walt Disney Co.to create a radio network for children under the age of 16.The company will broadcast to a potential audience of 25 million under the name Capital Disney.This new radio network will be created as the result of which of the following arrangements?

Question

Quizplus · Accepted Answer

The announcement states that Capital Radio PLC and Walt Disney Co. will be working together to create the radio network, indicating a joint venture. The concept of an international partnership or joint cooperative is not mentioned, and oligopoly refers to a market structure rather than a business arrangement.

Capital Radio PLC,the United Kingdom's Biggest Commercial Radio Firm Announced