Question

question 12 (1 point)
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jadwiga, a mexican construction company, and east island inc., an american construction company, collaborate on an infrastructure project to build a railway track from mexico city in mexico to texas in the united states. they share their resources, risks, and profits, but they still function as two independent firms. in this scenario, jadwiga and east island inc. are most likely involved in ______.

a) foreign outsourcing

b) a joint venture

c) foreign franchising

d) a limited liability partnership

Explanation:

• Foreign outsourcing: One firm hires another abroad for services/tasks, not sharing resources/profits as equal partners here. Eliminate a.
• Joint venture: Two independent firms collaborate on a project, sharing resources, risks, and profits while remaining separate. This matches the scenario.
• Foreign franchising: Involves a franchisee - franchisor relationship, not equal collaboration on a project. Eliminate c.
• Limited liability partnership: A legal structure for partners with limited liability, not typically for cross - border project - based collaboration as described. Eliminate d.

Answer:

b) a joint venture