1. A joint venture may be
A. a corporate entity formed between an international firm and local owners.
B. a corporate entity acquiring a local business.
C. a legal undertaking to mentor a developing company's personnel.
D. a shared effort to research consumer taste.
2. According to the text, companies controlled by other companies, but less-than-majority owners may exercise control by a variety of means, both those involving stock ownership and those involving nonownership mechanisms, are known as:
A. international companies.
B. affiliates.
C. virtual organizations.
D. networked organizations.
E. subsidiaries.