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tebeau Partners of France and Morimoto Management based in Japan recently produced a new electric car with rechargeable batteries that can be driven at high speeds for long distances. They shared the investment, each contributing important technological expertise to the effort. These firms entered into a(n) ____ to build this car.

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sandlee09

Answer:

joint venture

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question these firms entered into a joint venture to build this car. This term refers to when two different parties join together to accomplish a certain goal, both of witch provide certain assets and investments and both share ownership, as well as the returns and risks involved. Which is what both of these companies have done in order to build this car.

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