Joint ventures are short-term partnerships between two or more companies to jointly develop,produce,or sell products.

Name: Joint ventures are short-term partnerships between two or more companies to jointly develop,produce,or sell products.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A joint venture is an arrangement in which two or more firms join forces to create a new business entity that is legally separate and distinct from its parents. It is an alternative to a strategic alliance.

Joint Ventures Are Short-Term Partnerships Between Two or More Companies