Multiple Choice
EveningStar Inc.and The Luxur Group have together established The Luxur Star Group of hotels.EveningStar owns 49 percent and The Luxur Group has a 51 percent share in The Luxur Star Group of hotels.However,the management of The Luxur Star Group of hotels is separate from its parent companies.What alliance type does this scenario best illustrate?
A) sole proprietorship
B) non-equity alliance
C) equity alliance
D) joint venture
Correct Answer:
Verified
Correct Answer:
Verified
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