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An Entrepreneur Whose Business Sold Wood Products Approached Another Small

Question 53

Multiple Choice

An entrepreneur whose business sold wood products approached another small business owner whose company made decorative pieces for homes. The two started a new company together that would use the wood products from the one company to make decorative pieces by the other. This new business is known as


A) a licensed business.
B) a spin-in company.
C) a joint venture.
D) a global alliance.
E) a self-efficacy company.

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