Which of the Following Combines the Entrepreneurial Advantages of Owning

question 46

Multiple Choice

Which of the following combines the entrepreneurial advantages of owning a business with the efficiencies of vertical marketing systems that function under single ownership?

• A)A franchise system
• B)A partnership
• C)A strategic alliance
• D)A joint venture
• E)A proprietorship

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Definitions:

Joint Arrangement

An agreement between two or more parties to undertake an economic activity that is subject to joint control.

Controlling Interest

Ownership of a portion of a company that is large enough to influence or control its operations and decisions, typically over 50% of the voting rights.

Equity Contribution

Capital provided by owners or shareholders to a firm in exchange for an ownership interest or stock.

Initial Investment

The initial amount of capital used to start a business or investment.