Multiple Choice
Opep Corp. received a new building project that had very short turnover and very high resource cost. The company decided to ask Imog Corp., another builder, to aid them in this project, and the two companies together formed a third company by combining their resources. This third company was formed for the duration of the project and received equal credit after completion. In this scenario, Opep Corp. and Imog Corp. are forming a _____.
A) joint venture
B) global new venture
C) multinational franchise
D) wholly owned affiliate
Correct Answer:
Verified
Correct Answer:
Verified
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