Business Studies, asked by habibgayatri8, 4 months ago

according you are business man state what benefits do you enjoy entering into a joint venture​

Answers

Answered by aleenafootball2
1

Answer:

Explanation:

What are the benefits of entering into joint ventures?

Reduces competition : When two companies join together, it results in reducing the competition as instead of wasting resources in competition they will strengthen their organisation.

Reduces risk : High risk involved in new and innovative ventures can be reduced when two companies join together to share the risk.

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