________ Is a Company That Is Commonly Owned and Operated

question 14

Multiple Choice

________ is a company that is commonly owned and operated by two or more firms.

• A) Joint Venture
• B) Franchising
• C) Licensing
• D) Royalty

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Definitions:

United Nations

An international organization founded in 1945 to promote global peace, security, and cooperation among its member countries.

Local Economy Dominance

The significant influence or control of a particular area's economy by one or more entities.

Technology Transfer

The process of sharing or distributing technology between different organizations, or from research institutions to industry, facilitating innovation and application.

New Industries

Emerging sectors of the economy that arise from technological advancements, innovation, or societal changes, offering new opportunities for business and employment.