Ask Question
Computers and TechnologyComputers and Technology
3 April, 03:28

Which term refers to a market entry strategy involving two or more firms creating a new entity, allowing the partners to pool their resources for common goals? A. Direct investment B. Joint venture C. Licensing agreement D. Exporting E. Franchise agreement

+3
Answers (1)
  1. 3 April, 06:14
    0
    Answer: B. Joint venture.

    Explanation:

    Joint venture is a type of business in which two or more persons or organizations under certain agreements pools resources together to start a business, or project. Such business is characterized by shared returns, governance, risks, and ownership.

    A good example is between BMW and Toyota in which they operate a joint venture in carrying out research on vehicle electrification, hydrogen fuel cells, and ultra lightweight materials for car production.

    Characteristics of Joint venture includes:

    •It creates synergy between all parties involved.

    •Risk and rewards are shared between all involved parties.

    •There are no separate laws that guides them.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which term refers to a market entry strategy involving two or more firms creating a new entity, allowing the partners to pool their ...” in 📘 Computers and Technology if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which is the best description of a computer virus? a program that can damage a computer a hacker who adds programs to a computer a scam that steals information from a computer a biological disease that destroys a computer?
Answers (1)
Investors often pay professional analysts to gather and monitor information on the creditworthiness of borrowers because A. most investors are risk neutral. B. the cost of acquiring information about a borrower's creditworthiness can be high. C.
Answers (1)
Why do the holes at the top of parachutes make it go slower
Answers (1)
What is the role of the federal government in regulating the media and the internet?
Answers (2)
Decide what factors are important in your decision as to which computer to buy and list them. After you select the system you would like to buy, identify which terms refer to hardware and which refer to software.
Answers (1)
New Questions in Computers and Technology
As they relate to databases, which of the following describes forms? A. Forms are a type of input used to generate reports. B. Forms are a type of output used to display data generated from queries. C.
Answers (1)
What is needed to create a good problem statement?
Answers (1)
Both of the following for clauses would generate the same number of loop iterations. for num in range (4): for num in range (1, 5) :
Answers (1)
At a minimum, you should always have these two versions of a résumé saved: a. Print and Web b. Web and Electronic c. Scannable and Print d. Electronic and Scannable
Answers (1)
One skill that's generally expected of technology workers is A. programming. B. keyboarding. C. Internet surfing. D. troubleshooting.
Answers (2)
Home » Computers and Technology » Which term refers to a market entry strategy involving two or more firms creating a new entity, allowing the partners to pool their resources for common goals? A. Direct investment B. Joint venture C. Licensing agreement D. Exporting E.
Sign Up Forgot Password?