Question

name the enterprise which is formed by partnership between two countries state any five characteristics of this Enterprises​

Answer 1

Answer:

The five characteristics of Enterprise are

Explanation:

1. creativity

2. Dynamism

3. Risk taking

4. problem solving

5. innovation

Answer 2

Enterprise which is formed by partnership between two countries state can be explained as follows :

An enterprise which is formed by a partnership between two countries state can be explained as follows :

• This is known as Joint Venture.
• A joint venture is an entity that is created by two or more parties, who share ownership, returns and risks and governance.

The characteristics of this Enterprise is :

• Both the organization will share profits and losses equally.
• It can be terminated, once the project or transaction is complete.
• The control and management of all the property of the venture is the right of each joint venture.

• There should be an existence of a contract whether in oral or written form, between the parties to engage in a joint venture.
• The ventures combined their resources in order to provide quality products at a lower price.

To know more about joint venture, visit :

State the benefits of Joint venture. - https://brainly.in/question/7886002