Answer to Question #288082 in Management for Dolly

Question #288082

Reasons for the establishment of the joint venture between two or more South African businesses


1
Expert's answer
2022-01-18T02:34:01-0500

A joint venture is a partnership between two or more companies or parties to carry out a specified business activity. Acquiring entry to foreign customers, expanding market power, and sharing resources are the most basic motivations for enterprises to form a joint venture.


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