What is the benefit of Joint Ventures to MNCs
and local companies
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Answer:
In addition to government regulations, other reasons for multinational joint ventures include cutting the costs of doing business, sharing risks, and acquiring technological information and management expertise from other companies.
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Explanation:
One of the most important joint venture advantages is that it can help your business grow faster, increase productivity and generate greater profits. Benefits of joint ventures include: access to new markets and distribution networks.
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