Financial benefit Vague objectives Clash of cultures Lack of clear

Financial benefit vague objectives clash of cultures

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Financial benefit Vague objectives Clash of cultures Lack of clear communication Need a lot of research and planning Advantage s Disadvantag es
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Types of Joint Venture Project based Joint Venture Functional based Joint Venture Vertical Joint Venture Horizontal Joint Venture
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Examples Microsoft Corp. and General Electric NBC Universal, Fox Broadcasting Company, and Walt Disney Company Barnes & Noble and Starbucks Fiat Chrysler Automobiles and Google Sony and Ericsson
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Conclusion Joint Venture is a venture that is jointly owned and operated by two or more firms to gather their resources for the purpose of accomplishing a specific task, such as project or other business activity, which each participants responsible for profits, losses, and costs. But we should think about the risk of joint venture and do a lot of research and planning before forming it, so the Joint Venture will succeed.
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  • Winter '20
  • MS.
  • American Broadcasting Company, joint venture, Fox Broadcasting Company, Owned-and-operated station

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