Joint Ventures ________

question 69

Multiple Choice

Joint ventures ________.

• A) let companies create tightly integrated operations
• B) are less risky compared to strategic alliances
• C) are riskier to a firm than formal mergers
• D) disrupt the original companies and their business
• E) would not help companies gain credibility in new fields

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Definitions:

Tremendous Competition

A highly competitive market condition where numerous competitors strive intensely to win market share.

Financial Markets

Places or systems where financial instruments, such as stocks, bonds, and commodities, are traded between investors.

Efficient

The characteristic of being able to accomplish a task or function with the minimum waste of time and effort; effectiveness combined with resourcefulness.

Capital Market History

The historical trends and events involving the trading of securities, affecting the structure and behavior of the capital market.