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A joint venture can be defined as

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Strategic Management
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A joint venture can be defined as:

Answer & Solution
Correct Answer: Option D
A joint venture can be defined as Two firms come together to form a third, legally separate firm. A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.
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Lavina Manwani
Lavina Manwani 6 years ago
Wrong a new firm that is a 3rd firm is formed in mergers
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