In a ________,two or more organizations collaborate to create and own a new business venture.

Question

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A joint venture is a business partnership between two or more organizations that collaborate to create and own a new business venture. It is not the same as a professional corporation or a vertical merger, which involve different types of business relationships. A strategic alliance is a broader term that can refer to any type of partnership or collaboration between organizations.

In a ________,Two or More Organizations Collaborate to Create and Own