..... is (are) said to link trading partners, whether they are giant corporations or single individuals with a small business.

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

____ is (are) said to link trading partners, whether they are giant corporations or single individuals with a small business.

A	Technology
B	Better management
C	Higher salaries
D	Smaller organizations

Explanation:

Detailed explanation-1: -Joint Ventures In a joint venture, two or more companies form an alliance to pursue a specific project, usually for a specified time period. There are many reasons for joint ventures.

Detailed explanation-2: -An entrepreneur is an individual who takes the risk to start their own business based on an idea they have or a product they have created while assuming most of the risks and reaping most of the rewards of the business.

Detailed explanation-3: -Any person competent to contract, a company, partnership firm or a corporation can enter into a Joint Venture in India. It can be in the form of partnership firm, corporation or any other business entity which the parties may choose. A Joint Venture can be formed for any lawful business purpose.

Detailed explanation-4: -International Joint Venture-A company that is owned by two or more firms of different nationality.

There is 1 question to complete.

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP