MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Joint Venture and Its Features

A company cre...

Question

A company created jointly by two or more companies for mutual advantage is called _____________.

A

Consolidation

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Merger

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Joint Venture

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

None of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A Consolidation
Action or process of combining two or more companies into a single more effective or coherent whole known as consolidation.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Where two or more persons hold one or more shares in a private company jointly, they shall be counted as a ______ member.

Q. Where two or more persons hold one or more shares in a private company jointly, they shall be counted as a __________ member.

Q. A company is a person created by-

Q. A is an independent association of a group of people to form a jointly owned company.

Q. The transfer by a company of one or more of its business divisions to another newly set up company is called _____________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Types of Business Enterprises - 2

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Joint Venture and Its Features

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon