Joint Ventures

question 1

Multiple Choice

Joint ventures:

• A) are an alternative to new ventures.
• B) are attractive when speed is important.
• C) are attractive when entry barriers are high.
• D) should be done on a small scale.
• E) reduce the risk of loss of proprietary knowledge.

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Definitions:

Mid-Atlantic Ridge

An underwater ridge located in the Atlantic Ocean, forming a divergent tectonic plate boundary that separates the Eurasian and North American plates in the north and the African and South American plates in the south.

Seafloor Spreading

A geologic process in which tectonic plates move apart from each other, allowing magma to rise and solidify as new oceanic crust.

Volcanic Mountain Belt

A volcanic mountain belt refers to a large-scale geographic area dominated by a series of volcanoes, often associated with plate boundaries, where subduction, rifting, or hotspots activities facilitate magma ascent to the surface.

Continental Drift

Continental drift is the historical scientific theory that continents have moved across the Earth's surface over geologic time, a precursor to the theory of plate tectonics.