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What are the examples for joint venture Related: Features, Merits and...
A joint venture occurs when two or more businesses join together to pursue a common project
Basics on joint ventures
With a joint venture, businesses remain separate in legal terms
Joint ventures are common, as firms want to benefit from collaborative work in reaching a mutually agreed strategic target.
Many joint ventures seek to share the fixed costs of major business research / infrastructure projects
Examples of joint ventures include:
Vodafone & Telef�nica agreed to share their mobile network
BMW and Toyota co-operate on research into hydrogen fuel cells, vehicle electrification and ultra- lightweight materials
West Coast – joint venture between Virgin Rail & Stagecoach
Google and NASA developing Google Earth
Hollywood studios combining to fight internet piracy
Alliances in airline industry e.g. Star Alliance and One World
Renault-Nissan
Docklands-Light Railway - a joint venture between French transport group Keolis and infrastructure services provider Amey, part of Spanish multinational Ferrovial.
Banks collectively funding research to prevent cyber-crime
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What are the examples for joint venture Related: Features, Merits and Demerits of Joint Venture - Business Studies (BST), CBSE Class 11
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What are the examples for joint venture Related: Features, Merits and Demerits of Joint Venture - Business Studies (BST), CBSE Class 11 for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about What are the examples for joint venture Related: Features, Merits and Demerits of Joint Venture - Business Studies (BST), CBSE Class 11 covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What are the examples for joint venture Related: Features, Merits and Demerits of Joint Venture - Business Studies (BST), CBSE Class 11.
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