The collaboration of two or more organizations for more than a transitory period to share assets,risks,and profits is referred to as a(n)_____.

Question

Quizplus · Accepted Answer

A joint venture involves a long-term collaboration between two or more organizations to share assets, risks, and profits. This option is the only one that accurately describes a partnership between multiple organizations. The other options refer to different types of business arrangements that do not fit the given description.

The Collaboration of Two or More Organizations for More Than