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Business Studies

Joint Venture and Its Features

Name the comp...

Question

Name the company formed as a result of partnership between two companies.

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Solution

Joint Ventures is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.

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Q. Name the enterprise which is the result of partnership between two companies. Why do two companies join together to work as one enterprise?

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Joint Venture and Its Features

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