The Ford Motor Corporation and Toyota Motor Corporation planned to join forces in 2011 to produce a hybrid truck that would meet fleet emission standards. Toyota had considerable experience at that point with hybrid vehicles, and coupled with Ford's long history of truck manufacturing, it would be a potentially productive partnership. What would be the best structure for the collaboration between these two automotive giants

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03-05-2021
Business

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The Ford Motor Corporation and Toyota Motor Corporation planned to join forces in 2011 to produce a hybrid truck that would meet fleet emission standards. Toyota had considerable experience at that point with hybrid vehicles, and coupled with Ford's long history of truck manufacturing, it would be a potentially productive partnership. What would be the best structure for the collaboration between these two automotive giants

Sagot :

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topeadeniran2 topeadeniran2 · Answer 1 · 2021-05-04T21:00:26-04:00

Answer: joint venture

Explanation:

The best structure fmtahts ideal for the collaboration between these two automotive giants will be a joint venture.

A joint venture is a form of business whereby two or more businesses come together and join their resources together so that they'll achieve a common goal.

When Ford and Toyota pool their resources together, this will bring about access to new markets, increased capacity, access to new knowledge, greater resources, and the improvement in income.

Sagot :

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