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Review:

Joint Ventures

overall review score: 4.5
score is between 0 and 5
Joint ventures are business agreements between two or more parties to work together on a specific project or venture, sharing risks, investments, and profits.

Key Features

  • Shared ownership
  • Risk-sharing
  • Resource pooling
  • Access to new markets or technologies

Pros

  • Access to new markets
  • Sharing resources and expertise
  • Reduced financial burden

Cons

  • Potential conflicts between partners
  • Sharing profits

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Last updated: Mon, Nov 18, 2024, 02:09:19 AM UTC