A joint venture is different from a consortium in that a joint venture:
A. usually operates in a country in which the participants are already present.
B. typically involves a large number of participants.
C. restricts the right to hold an equity position by its major partners.
D. does not involve the creation of a separate legal entity.
E. is formed mainly for executing short-term projects.
Ans: A. usually operates in a country in which the participants are already present.
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Which of the following options is NOT a correct reason to why discuss technical analysis?
A) Forex dealers make extensive use of technical analysis. B) The forward rate may not be an unbiased predictor of the future spot rate, even in an efficient market. C) If a sufficiently large segment of the trading world is using technical analysis, demands and supplies to trade currencies will be buffeted by these traders even if they are irrational. D) The variables on the fundamental analysis as well as the macroeconomic inputs are all available at frequent intervals.