What are the advantages of joint venturesjoint ventures, Ask an Expert

Management Studies

What are the advantages of joint ventures?

Joint ventures provide the following advantages, which are given below:

• Sharing of risk and capability to combine the local in-depth knowledge along with a foreign partner along with know-how into technology or process

• Good joint financial strength

• May be merely means of entry and

• May be the supply source for a third country.

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Marketing Management, Management Studies

Category:- Marketing Management
Reference No.:- M9577128

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