Business Studies, asked by intyna, 7 months ago

what do you mean by join venture ?Why join ventur is needed where there is public sector ang private sector

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Answered by pihu3579

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A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. ... However, the venture is its own entity, separate from the participants' other business interests.

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what do you mean by join venture ?Why join ventur is needed where there is public sector ang private sector