Multiple Choice
Ford Motor Company, Mazda Motor Corporation, and Matsushita Electrical Industrial Company formed a ____ to make heating and cooling units in Japan for Mazda cars beginning in 1988. The new company's heating and cooling units may also be used in Ford's cars.
A) sales branch
B) joint venture
C) subsidiary
D) licensing agreement
E) sole proprietorship
Correct Answer:
Verified
Correct Answer:
Verified
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