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Introduction To Business > Joint Venture > Flashcards

Joint Venture Flashcards

1
Q

Joint venture

A

Involves 2 or more business pulling recourses and experiences to achieve goal

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2
Q

Reasons behind joint venture

A

Business expansion

Development of new products

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3
Q

Benefits of joint venture

A

Benefit of recourses
Reduces risk
Future expansion

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4
Q

Disadvantages of joint venture

A

Risk of clash of organisations
Objectives may change
Inbalce of expertises

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Introduction To Business (6 decks)

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