Which Business Device Involves the Creation of a New Business

question 118

Multiple Choice

Which business device involves the creation of a new business by two or more companies,often for a limited period of time?

• A) Multinational enterprise
• B) International joint venture
• C) Horizontal merger
• D) Vertical merger

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Definitions:

Centralization

Decision making based at the top of the management hierarchy.

Decision Making

The cognitive process of selecting a course of action from multiple alternatives.

Management Hierarchy

The arrangement of individual roles, responsibilities, and authority within an organization, forming a structured leadership framework.

Technical Skills

Specific abilities or expertise in a particular field or job, often related to technology, engineering, or science, requiring specialized knowledge.