To Gain Access to One Another's Markets, Several U

Multiple Choice

To gain access to one another's markets, several U.S.and Japanese automobile manufacturers (for example, DaimlerChrysler and Mitsubishi) are engaging in temporary alliances to manufacture and market certain models of cars.These types of partnerships are known as _____.

A) limited-liability companies
B) S-corporations
C) cooperatives
D) joint ventures
E) foreign corporations