Sail E0 Webinar
Question


When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as___ . 


Options:
A .   Contract manufacturing 
B .   Franchising 
C .   Joint Ventures 
D .   Licensing 
Answer: Option C
:
C

When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as a joint venture.



Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers