Explain different types of joint ventures with examples.
Answers
Explanation:
Types of joint venture
Limited co-operation. This is when you agree to collaborate with another business in a limited and specific way. ...
Separate joint venture business. This is when you set up a separate joint venture business, possibly a new company, to handle a particular contract. ...
Business partnerships.
Answer:
A joint venture is a strategic alliance where two or more parties, usually businesses, form a partnership to share markets, intellectual property, assets, knowledge, and, of course, profits. A joint venture differs from a merger in the sense that there is no transfer of ownership in the deal.
Explanation:
Another example of a joint venture is the joint venture between the taxi giant UBER and the heavy vehicle manufacturer Volvo. The joint venture goal was to produce driverless cars The ratio of the ownership is 50%-50%. The business worth was $350 million as per the agreement in the joint venture.