A Joint Venture Is One in Which Two, or Sometimes

question 29

True/False

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

---

Definitions:

Support Services

Assistance programs or organizations that provide help and support in various forms, such as counseling, financial aid, or technical support.

Company Expense

A financial cost incurred in the course of business operations.

Rewards

Benefits, compensation, or acknowledgment provided to someone for their work, achievements, or behavior.

Punishments

The imposition of a penalty as retribution for an offense or undesirable behavior.