AMA Exam PCM Topic 4 Question 37 Discussion

Actual exam question for AMA's PCM exam

Question #: 37
Topic #: 4

Timer, a U.S. based watchmaker, recently entered into a partnership agreement with an Australian firm to make watches. According to the terms of the agreement the firms agreed to pool resources and share losses. What type of partnership agreement does this situation most likely represent?

AFranchising

BLicensing arrangement

CStrategic alliance

DJoint venture

EDirect ownership arrangement

Show Suggested Answer

Suggested Answer: D

by Matthew at May 08, 2022, 03:18 PM

Limited Time Offer

25%

Off

Get Premium PCM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!