_____ are agreements between two or more firms to establish a separate entity.
A) Franchises
B) Consortiums
C) Strategic alliances
D) Joint ventures

Question

Quizplus · Accepted Answer

Joint ventures are agreements between two or more firms to establish a separate entity, usually for a specific period of time or purpose. The separate entity is jointly owned and managed by the participating firms, who share in the risks and rewards of the venture.

_____ Are Agreements Between Two or More Firms to Establish