Which of the Following Is a Feature of Joint Venture

question 21

Multiple Choice

Which of the following is a feature of joint venture that differentiates it from other forms of alliances?

• A) It usually does not result in the creation of a new business entity.
• B) It increases asset commitment to products that will become rapidly obsolete.
• C) It increases cycle time of a technology.
• D) It involves a significant equity stake by the partners.

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Definitions:

Crystal Palace

A large glass and iron structure built in London for the Great Exhibition of 1851, showcasing the latest technology of the time.

Great Exhibition

The first World's Fair, held in 1851 in London, showcasing the achievements of the Industrial Revolution and cultural artifacts.

Prefabricated Elements

Manufactured units or components that are produced in a factory and then transported to a construction site for quick assembly.

Romantic-Style Building

A construction that embodies the aesthetics of the Romantic period, focusing on emotion, nature, and historical nostalgia.