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Smriti Omar Parekh
Smriti Omar Parekh
Asked: 3 years ago2022-11-07T12:28:23+05:30 2022-11-07T12:28:23+05:30In: General Awareness

Name the company formed as a result of partnership between two companies.

Name the company formed as a result of partnership between two companies.
Parabola
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  1. 7ff98
    2022-10-29T20:23:29+05:30Added an answer about 3 years ago

    Correct Answer – Joint venture
    Joint venture

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Uday Wafa Chaudhuri
Uday Wafa Chaudhuri
Asked: 3 years ago2022-11-02T08:25:47+05:30 2022-11-02T08:25:47+05:30In: General Awareness

Name the company formed as a result of partnership between two companies.

Name the company formed as a result of partnership between two companies.
Parabola
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  1. 0d2d2
    2022-11-02T12:49:06+05:30Added an answer about 3 years ago

    Joint Venture
    Maruti Suzuki is a company that is formed by the partnership of two companies Maruti, the Indian manufacturer, and Suzuki, the Japanese tech-manufacturer.  Explanation:  
    Individuals and companies often enter into partnerships to create a new business entity or a new company. Such a resultant structure can be of a general partnership agreement, a limited liability company or a limited partnership.
     Maruti Suzuki (I) Limited is the iconic car manufacturer and has a market share of above 53%. The company formed as a result of a partnership between the Japanese and Indian manufacturers resulted in the sharing of their own intellectual properties and manufacturing abilities and creating a widely popular, sturdy, affordable range of cars customized for the Indian roads.

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