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Asked by E. Marie Green on Sep 26, 2024

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Joint ventures are also known as cross-border mergers.

Joint Ventures

Business arrangements where two or more parties agree to pool their resources for the purpose of accomplishing a specific task, project, or business activity.

Cross-Border Mergers

Transactions whereby companies from different countries combine their operations or assets, often to expand market reach, diversify, or achieve competitive advantages.

  • Identify the misconceptions and accurate representations of global business operations.
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Rejected Stone1 day ago
Final Answer :
False
Explanation :
Joint ventures and cross-border mergers are two distinct forms of international business collaborations. Joint ventures involve two or more businesses coming together to form a new entity to undertake a specific project or venture, while cross-border mergers involve the combination of two or more companies to form a single larger entity.

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