Joint Ventures
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Description
Joint Ventures is a specific type of strategic alliance in which the partners agree to form a separate, independent organization for some business purpose.
Firms establishing joint ownership to pursue new products or markets.
Entering foreign markets by joining with foreign companies to produce or market a product or service.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Joint ventures
Learning Material
Covered in Topic(s)
| Managing in a Global Environment |
| Product Design |
| The Global Marketplace |