All of the Following Are Types of Joint Ventures EXCEPT

question 21

Multiple Choice

All of the following are types of joint ventures EXCEPT ________.

• A) licensing
• B) contract manufacturing
• C) joint ownership
• D) direct investment
• E) management contracting

---

Definitions:

Sources Of Power

The origins or bases from which an individual, group, or organization derives the ability to influence others.

Referent Power

A form of personal power arising from the attraction others feel towards an individual or the desire to be like that individual.

Legitimate Power

The authority a person or position holds within an organization, recognized as rightful by its members, which allows them to influence others.

Managerial Authority

The power vested in managers to make decisions and direct subordinates within an organization.