Business 9609 · AS & A Level · Business structure

Business structure — practice question

Part 1[2]

Define the term ‘joint venture’ (line 2).

Worked solution & mark scheme

This 2-mark question has a full step-by-step worked solution and mark scheme. One marking point: Correct definition: a business arrangement in which two or more businesses (parties) agree to pool resources for a particular task or establish a business entity together.

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