Question

A ________ is a partnership in which two or more companies (often from different countries) join together and share the risk and costs in order to undertake a major project. franchisee transfer multinational cooperative joint venture recruit affiliation

Answer 1

The correct answer is letter "B": joint venture.

Step-by-step explanation:

Two or more companies in a traditional joint venture plan to commit capital and resources to a specific project. Developers, manufacturers, and service providers typically agree to form a joint venture. If successful, those parties divide the income based on the value of their respective joint venture contributions.