A Joint Venture Is One in Which 2, or Sometimes

question 17

True/False

A joint venture is one in which 2, or sometimes more, independent companies agree to combine resources in order to achieve a specific objective, usually limited in scope.

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Definitions:

Affirmative Action

Policies or measures designed to address historical inequities and discrimination by providing opportunities to underrepresented groups in areas such as education and employment.

Minority Groups

Demographic groups that are smaller in number within a larger community and often have different cultural, ethnic, or racial characteristics.

Leadership Approach

A methodology or style adopted by a leader to guide, influence, and manage a group of people or an organization.

Multicultural Organisations

Multicultural organisations are those that recognize, incorporate, and benefit from a diverse range of cultures, perspectives, and practices within their workforce and customer base.