Identify the two types of joint ventures.
A) Equity and nonequity ventures
B) Proprietary and public ventures
C) Statutory and unofficial ventures
D) External and internal ventures

Question

Quizplus · Accepted Answer

There are two types of alliances and joint ventures. The first type is nonequity venture, which is characterized by one group's merely providing a service to another. The second type is equity joint venture, which involves a financial investment by the multinational company (MNC) parties involved.

Identify the Two Types of Joint Ventures