Identify a true statement about a nonequity venture.
A) It is characterized by one group's merely providing a service to another.
B) It provides the most benefits when the need for product specification or differentiation is high.
C) It involves a financial investment by a multinational company (MNC) in a business enterprise with a local partner.
D) It organizes worldwide operations based primarily on function and secondarily on product.

Question

Quizplus · Accepted Answer

There are two types of alliances and joint ventures. One of them is nonequity venture, which is characterized by one group's merely providing a service to another.

Identify a True Statement About a Nonequity Venture