Most often, joint ventures involve ________ parties with each holding an equal percent ownership stake.
a) 6
b) 10
c) 2
d) 4
Ans: c) 2
Business
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When Daimler and BMW pooled resources to develop standardized auto components, the sourcing strategy could best be described by which of the following?
A) keiretsu B) virtual companies C) joint venture D) vertical integration E) few suppliers
Business
When one person has the authority to discipline an employee or withhold key resources, he possesses ________
A) expert power B) coercive power C) skill-based power D) referent power E) reward power
Business