External Influences Flashcards
1
Q
explain what is meant by a joint venture
A
A joint venture (JV) is a separate business entity created by two or more parties, involving shared ownership, returns and risks
2
Q
explain what is meant by a strategic alliance
A
An agreement between businesses to work towards common objectives.
3
Q
evaluate the impact and importance of joint ventures to a business and its stakeholders
A
4
Q
evaluate the impact and importance of a strategic alliance to a business and its stakeholders
A
