________ ventures consist of one company collaborating with foreign investors to create a local business in which they share possession and control.
A) Licensing
B) Direct investment
C) Contract manufacturing
D) Management contracting
E) Joint ownership

Question

Quizplus · Accepted Answer

Joint ownership ventures involve collaboration between a local company and foreign investors, with both parties sharing ownership and control of the business. This is different from other types of ventures, such as licensing, direct investment, contract manufacturing, and management contracting, which may involve varying degrees of ownership and control between the parties involved.

________ Ventures Consist of One Company Collaborating with Foreign Investors