Tag: business studies
Questions Related to business studies
Joint Venture means _______.
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joining up of two or more companies for specific objectives
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co-existence of Private Company and Government Company
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co-existence of traditional society and modern society
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co-existence of firm and industry
A joint venture is a temporary business association between two or more persons or organizations for profit without forming a permanent partnership, corporation, or other business entity. Members of the joint venture maintain their independence.
A contractual joint venture is ________.
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a contractual arrangement between two or more companies in which certain assets and liabilities are shared for a specific purpose and time
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a contractual arrangement between private company and public company
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both (A) and (B)
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none of these
The contractual joint venture is a different legal arrangement from the incorporated or equity joint venture in which two or more parties set up a separate legal entity to act as the vehicle for carrying out the project.See also joint venture; equity joint venture. Model of International Joint Venture Contract.
As equity joint venture is _________.
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A technological sharing arrangement between private company and Government company
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A capital sharing arrangement between an MNC and a local company (or even a foreign Government) or another MNC.
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A capital sharing arrangement between the private company and government company
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None of these
A joint venture is created by two or more parties generally characterized by a share of ownership, return, risk and share profits as equity it is an agreement between two companies to become one venture, for example, Starbucks is a joint venture of TATA enterprise.
Everything is an advantage of joint ventures except ________.
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the costs of a new project can be split between the companies involved
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manufacturing costs will be divided between the firms in the venture
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joint ventures between firms in different countries can create new market opportunities
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management of the joint venture will lead to disagreements.
How many ways are there to establish a joint venture?
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7
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4
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9
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3
There are three ways to establish a joint venture. The equity joint venture, the contractual joint venture, licensing agreement.
A foreign and a local investor can form a joint firm.
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True
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False
A foreign investor and a local investor can form a joint firm, such type of a joint firm are known as international joint venture. Such kind of a joint venture are the easiest way to enter an international market.
A foreign investor cannot invest in a local company to from a joint venture.
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True
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False
A foreign investor and a local investor can form a joint firm, such type of a joint firm are known as international joint venture. Such kind of a joint venture are the easiest way to enter an international market.
Any two companies joining hands for mutual benefits is known as an _____________.
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association
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joint venture
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merger
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alliance
A joint Venture is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Examples of joint ventures include: Vodafone & Telefónica agreed to share their mobile network. BMW and Toyota co-operate on research into hydrogen fuel cells, vehicle electrification and ultra- lightweight materials. West Coast joint venture between Virgin Rail & Stagecoach.
A joint venture must be based on a memorandum of understanding signed by both the parties highlighting the basis of a joint venture agreement.
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True
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False
A joint venture must be based on a memorandum of understanding signed by both the parties highlighting the basis of a joint venture agreement. The terms should be thoroughly discussed and negotiated to avoid any legal complications at a later stage.
Joint ventures can be for long term relationship or short term projects.
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True
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False
The reason for a joint venture is usually some specific project. Joint ventures can be informal (a handshake) or formal, and they can be short term or long term. Often the joint venture creates a separate business entity, to which the owners contribute assets, have equity, and agree on how this entity may be managed.