Video on Business Scandals.
Read Pages 83-89 in the New Textbook.
Answer question 1,5 and 7.
Please Know the following terms.
Joint Venture : When two or more business entities come together to achieve a common purpose, it’s called a joint venture. Usually R&D (research and development) Ex, the new Toyota Supra made with both Toyota and BMW technology.
International Franchise: A franchise that extends to multiple countries.
Strategic Alliance: When two companies choose to work together to sell their goods and
products.
Mergers: when two companies merge into one larger company to make it more competitive. Example:
Multinational Corporations. Corporations that operate in multiple countries. The 'Parent Company' may control many different brands under the same company.
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