Question

A nurse practitioner and a physician have opened an office together. The nurse regularly collaborates with the physician in client care and is a general partner in the business of the office. This is an example of which diversification method?

A. Concentric diversification
B. Conglomerate diversification
C. Capitation
D. Joint venture

Answer 1

The nurse practitioner and physician opening an office together and collaborating in client care is an example of a joint venture and the nurse being a general partner in the business.

Step-by-step explanation:

The scenario described is an example of a joint venture in the business industry. A joint venture is a business arrangement where two or more parties come together to collaborate on a specific project or venture. In this case, the nurse practitioner and physician have set up an office together, and the nurse is a general partner in the business.