advantages and disadvantages of joint ventures
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Explanation:
The Advantages and Disadvantages of Joint Venture:
Advantages of Joint Ventures
1) Profit at low cost
2) Flexible nature
3) Start-up push
4) Shared costs, expenses, benefits, and risk
Disadvantages of Joint Venture
1) Flexibility is restricted
2) Assets and claims
3) Equal involvement is impossible
4) Rapport formation
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