explain briefly any four of benefits joint Ventures ? and anybody send me which question pepper question it is
Answers
Explanation:
Joint ventures and business partnerships
Types of joint venture
Guide
There are different types of joint ventures. How you set up a joint venture depends on what your business is trying to achieve. The most common types of joint venture are:
1. Limited co-operation
This is when you agree to collaborate with another business in a limited and specific way. For example, a small business with an exciting new product might want to sell it through a larger company's distribution network. The two partners agree a contract setting out the terms and conditions of how this would work.
2. Separate joint venture business
This is when you set up a separate joint venture business, possibly a new company, to handle a particular contract. A joint venture company like this can be a very flexible option. The partners each own shares in