What is a joint venture? What will be an ideal ...

[kshipps]

What is a joint venture?
 
  What will be an ideal response?

Question 2

________ occurs when people who are affected by a decision agree with what is to be done.
 
  A) Decision quality
  B) Decision acceptance
  C) Decision effectiveness
  D) Decision feasibility

[gabrielle_lawrence]

Answer to Question 1

In a joint venture, two or more independent firms agree to establish a separate firm that is owned by the participating companies. The firms normally own equivalent shares of the joint venture and contribute a corresponding proportion of the management team.

Answer to Question 2

B

[kshipps]

Thanks for the timely response, appreciate it

[phuda]

Gracias!