When two businesses enter into a joint venture, one of the parties benefits from the others goodwill which has already been established in the market.

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A True
When two businesses enter into a joint venture one of the parties benefits from the other's goodwill which has already been established in the market. A lot of investment is saved in this process of using the established brand name.

Suggest Corrections

Similar questions

Q. Mr. Ajay after completing MBA from USA comes to India to start a new business under the banner Ecom Creations Ltd. He launches a new product in gleaming for Senior Secondary School students in Commerce stream, which already has an established market in UK and USA but not in India. His business starts flourishing in India. Now more Indian companies entered into the market with other subjects also.
Identify and quote the lines from above pare which highlight the significance of understanding business environment.

Mr. Ajay after completing MBA from USA comes to India to start a new business under the banner Ecom Creations Ltd. He launches a new product in e-learning for Senior Secondary School students in Commerce stream, which already has an established market in UK and USA but not in India. His business starts flourishing in India. Now more Indian companies entered into the market with other subjects also.

Identify and quote the lines from the above paragraph which highlight the significance of understanding business environment.

What are the benefits of entering into a joint venture and public private partnership?

Q. Arrange the sentences in the correct order.
A. Venture capital is recommended as the ideal source of financing for a successfully small business,
B. Several companies including start ups have been funded by dedicated venture funds during this decade,
C. Despite this, an average Indian entrepreneur understands and appreciation of venture capital concept has been woefully inadequate.
D. In the Indian context, through venture capital has been a relatively late entrant, it has already made a reasonable impact.

What are the benefits of entering into joint ventures?

Join BYJU'S Learning Program

When two businesses enter into a joint venture, one of the parties benefits from the others goodwill which has already been established in the market.

The correct option is A TrueWhen two businesses enter into a joint venture one of the parties benefits from the other's goodwill which has already been established in the market. A lot of investment is saved in this process of using the established brand name.

The correct option is A True
When two businesses enter into a joint venture one of the parties benefits from the other's goodwill which has already been established in the market. A lot of investment is saved in this process of using the established brand name.