Understanding Joint Ventures

Understanding Joint Ventures

11th Grade

10 Qs

quiz-placeholder

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Understanding Joint Ventures

Understanding Joint Ventures

Assessment

Quiz

Business

11th Grade

Practice Problem

Medium

Created by

Javneet Nanda

Used 3+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a joint venture?

A competition between two businesses

A partnership where two or more companies work together

A company owned by only one person

A business that doesn't make a profit

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why do companies form a joint venture?

To reduce competition

To share resources and risks

To go on vacation together

To stop paying taxes

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a joint venture, companies usually:

Merge completely into one

Stay independent but collaborate on a project

Compete against each other

Buy each other’s shares

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a benefit of a joint venture?

Increased competition

Shared costs and expertise

Reduced profits

Legal challenges

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Joint ventures are usually created for:

Short-term specific projects

Lifelong partnerships

Small businesses only

Non-profit organizations

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A joint venture can help companies by:

Allowing them to work in new markets

Taking all their profits away

Making them less innovative

Reducing their efficiency

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT an example of a joint venture?

Two companies building a new product together

A company buying another company completely

Two companies sharing technology for a project

Companies working together on a research project

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