Joint ventures are a type of ________.
A)franchise
B)foreign subsidiary
C)strategic alliance
D)outsourcing partnership

Question

Quizplus · Accepted Answer

Joint ventures are a form of strategic alliance where two or more companies come together to collaborate on a specific project or business venture while still retaining their separate legal identities. The joint venture partners share ownership, risks, and rewards of the new venture.

Joint Ventures Are a Type of ________