what is a joint sector venture
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A joint Venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. ... Most joint ventures are incorporated, although some, as in the oil and gas industry, are "unincorporated" joint venturesthat mimic a corporate entity.
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joint sector venture (JV) is a business entity created by two or more parties generally characterised by shared ownership shared returns and risks and shared governance. companies typically pursue joint venture for one of the four reasons :
To access a new market
particularly emerging markets
to gain scale efficiencies by combining assets and operations
to share risk for major investment or projects
to access skills and capabilities
hope this is useful mark me as brainliest if u satisfy with this
here is ur answer
joint sector venture (JV) is a business entity created by two or more parties generally characterised by shared ownership shared returns and risks and shared governance. companies typically pursue joint venture for one of the four reasons :
To access a new market
particularly emerging markets
to gain scale efficiencies by combining assets and operations
to share risk for major investment or projects
to access skills and capabilities
hope this is useful mark me as brainliest if u satisfy with this
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