A joint venture occurs when partners share ownership of a new enterprise

Indicate whether the statement is true or false.

Answer: TRUE
Explanation: When partners share ownership of what is essentially a new enterprise, it is called a joint venture.

Business

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The balanced scorecard focuses only on lead indicators, because lag indicators are not important for performance evaluation

Indicate whether the statement is true or false

Business

You are responsible for supervising order takers at Acme, Inc. Which of the following would you be LEAST likely to expect these people to perform?

A) executing the preapproach stage of the creative selling process B) assisting business customers C) processing customer transactions D) communicating with customers over the phone E) executing the close stage of the creative selling process

Business