Answer:
C) a joint venture
Explanation:
A joint venture is a business organzation in which two or more firms come together to form an alliance. In a joint venture, resources of different firms are combined together to pursue specific projects and gain strategic edge in the market.
Joint venture involves the creation of a new firm from the coming together of two or more firms.
Advantages of joint venture
1. More capital can be raised to start the business by the participants.
2. Profits is shared among participants alone.
3. There is an improvement in the level of expertise because of the varying knowledge of participants.
4. Ability to compete well in the market.
5. The joint venture enjoys economies of scale
Disadvantages of joint venture
1. Decision making might be slow because the ideas of different participants will be put into consideration.
2. Loss is shared among participants alone.
3. Difference in the business objectives by different members might hinder the growth of the company.
Answer:
Gramm–Leach–Bliley Act
Explanation:
The Gramm–Leach–Bliley Act (GLBA), also known as the Financial Services Modernization Act of 1999, (enacted November 12, 1999) is an act of the 106th United States Congress (1999–2001). It repealed part of the Glass–Steagall Act of 1933, removing barriers in the market among banking companies, securities companies and insurance companies that prohibited any one institution from acting as any combination of an investment bank, a commercial bank, and an insurance company. With the bipartisan passage of the Gramm–Leach–Bliley Act, commercial banks, investment banks, securities firms, and insurance companies were allowed to consolidate. Furthermore, it failed to give to the SEC or any other financial regulatory agency the authority to regulate large investment bank holding companies. The legislation was signed into law by President Bill Clinton.
I think it was December 25, 2018.
Answer:profit
Explanation:This is because they don't focus on giving back to the society the little of what they have taken, so the motive is just to make profit.
Every organization needs a set of ethics policies and procedures to describe how the ethical values are to be implemented. These policies and procedures are the means by which the organization communicates expectations and requirements to its employees. Once ethics policies and procedures are in place, the organization should develop measurements for determining if its ethical standards are being maintained and if those standards are yielding the desired results.