Business Studies

A joint venture can also be a result of agreement between two companies in two different countries.


ANSWER

True


SOLUTION
joint venture is a strategic alliance where two or more parties, usually businesses, form a partnership to share markets, intellectual property, assets, knowledge, and, of course, profits. A joint venture differs from a merger in the sense that there is no transfer of ownership in the deal.
View Full Answer

Its FREE, you're just one step away


TRUE/FALSE Medium Published on 18th 08, 2020
Next Question
Questions 244531
Subjects 8
Chapters 125
Enrolled Students 146
Enroll Now For FREE

Realted Questions

Q1 Single Correct Medium
_________ refers to the company in which $$51\%$$ or more of the paid up capital is held by the government.
  • A. Departmental undertaking
  • B. Statutory corporation
  • C. Government company
  • D. All of the above

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 TRUE/FALSE Medium
All actions of statutory corporations are subject to many rules and regulations.
  • A. True
  • B. False

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Single Correct Medium
The main aim of global enterprises is to ______________.
  • A. gain profits from the products
  • B. provide different types of products
  • C. to spread their branches all over
  • D. to gain market share in a particular country

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Subjective Medium
Explain the following Principles of management, as advocated by Henry Fayol:
Order

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
The company which is incorporated under a special royal charter issued by the king or head of the state is called _______.
  • A. Statutory companies
  • B. Registered companies
  • C. Chartered company
  • D. Cooperative organisation

Asked in: Business Studies - Private, Public and Global Enterprises


1 Verified Answer | Published on 18th 08, 2020

View Answer