Business Studies

When two businesses enter into a joint venture, one of the parties benefits from the others goodwill which has already been established in the market.


Answer & Solution

True


SOLUTION
When two businesses enter into a joint venture one of the parties benefits from the other's goodwill which has already been established in the market. A lot of investment is saved in this process of using the established brand name.
View Answers

You're just one step away


TRUE/FALSE Medium Published on 18th 08, 2020
Next Question
Questions 244558
Subjects 8
Chapters 125
Enrolled Students 300
Enroll Now For FREE

Realted Questions

Q1 TRUE/FALSE Medium
The public enterprises are agents for implementing Government Plans.
  • A. True
  • B. False

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


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
An enterprise incorporated by a Special Act of Parliament or the State Legislature intending to carry on some business of national importance is called _______.
  • A. public company
  • B. statutory corporation
  • C. registered company
  • D. registered statutory company

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


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 Subjective Medium
Can the public sector companies compete with private sector in terms of profit and efficiency? Give reasons for your answer.

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


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 TRUE/FALSE Medium
The government does not interfere in the financial matters of statutory corporations.
  • A. True
  • B. False

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


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
________ can also be described as any form of association which implies collaboration for more than a transitory period.
  • A. Joint venture
  • B. Licensing
  • C. Contract Manufacturing
  • D. Wholly Owned Subsidiaries

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


1 Verified Answer | Published on 18th 08, 2020

View Answer