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Business, 08.04.2020 22:26 preciousweeks11

Cad Cream Inc, an ice cream company, has collaborated with Bite Snack Inc, a food manufacturing company, to come up with a third company, Cream Bite Inc This new company manufactures energy bars with a variety of flavors. In this context, Cream Bite Inc is a

A) joint venture

B) global new venture

C) multinational franchise

D) wholly owned affiliate

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