BPM Corp Is a Manufacturer of Radar Systems for Regional-Sized Jet

question 2

Multiple Choice

BPM Corp. is a manufacturer of radar systems for regional-sized jet aircraft. The company has announced plans to enter into a joint venture with J3 Composites, a producer of advanced composite materials. The announced venture will produce a new, combined product consisting of the radar unit and protective composite cover. Which of the following ownership arrangements would be most typical for a joint venture?

• A) BPM will own more than 50 percent of the venture and a new company will be formed.
• B) J3 will own more than 50 percent of the venture and a new company will be formed.
• C) BPM and J3 will both own 50 percent of the venture and a new company will be formed.
• D) BPM and J3 will both own 50 percent of the venture but no new company will be formed.

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Definitions:

Output Module

A hardware component in a PLC that provides the interface and electrical signal conversion to control output devices.

Output Load Device

A device controlled by the output of a programmable logic controller or other control system, performing functions in response to electrical signals.

Cross-Reference

A method in programming and documentation that allows users to navigate to related information or identify how various parts of a program are connected.