A joint venture involves a strategic alliance or program by two or more organizations.

Name: A joint venture involves a strategic alliance or program by two or more organizations.
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Question

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A joint venture is a business arrangement in which two or more parties agree to pool resources to achieve a specific goal. It typically involves creating a separate legal entity, such as a partnership, corporation, or limited liability company, to pursue a specific project or business opportunity.

A Joint Venture Involves a Strategic Alliance or Program by Two