Define a joint venture and list some of the advantages and disadvantages

What will be an ideal response?

In a joint venture, foreign investors and local investors share ownership and control. A joint venture may be necessary or desirable for economic or political reasons. The foreign firm might lack the financial, physical, or managerial resources to undertake the venture alone; or the foreign government might require joint ownership as a condition for entry. Joint ownership has certain drawbacks. The partners might disagree over investment, marketing, or other policies. Joint ownership can also prevent a multinational company from carrying out specific manufacturing or marketing policies on a worldwide basis.

Business

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A budget is a financial plan that managers use to coordinate a business's activities

Indicate whether the statement is true or false

Business

Treasury stock is

A. a stock of an outside corporation which is purchased and held as an investment in the treasury B. corporate stock issued by the treasurer of a company C. stock issued by the U.S. Treasury Department D. a corporation's own stock which has been reacquired

Business