Cad cream inc., an ice cream company, has collaborated with bite snack inc., a food manufacturing company, to come up with a thi

Question

3 years ago

11

Cad cream inc., an ice cream company, has collaborated with bite snack inc., a food manufacturing company, to come up with a thi

rd company, cream bite inc. this new company manufactures energy bars with a variety of flavors. in this context, cream bite inc. is a _____.

Business

1 answer:

Katarina [22] · Answer 1 · 2022-04-10T12:07:11+03:00

Katarina [22]3 years ago

7 0

Base on this context, Cream Bite Inc., is considered to be a joint venture. A joint venture is considered to be a business entity that occurs when the two or more parties are involved in one business in which they have a share ownership with the business.