Joint Venture and Its Features
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Define Joint Venture and Explain its major benefits.
What is joint venture? Briefly explain its benefits.
- MNC
- joint ventures
- public corporation
Name the company formed as a result of partnership between two companies.
Write a short note on joint venture.
Which type of business enterprise would emerge when two business firms agree to join together to achieve a common purpose and mutual benefit?
Explain the process of formation of joint venture.
What are the benefits available for two businesses agree to join together for a common purpose and mutual benefit?
Joint Venture.
- Suzuki's
- Eicher's
- Yamaha's
Mention any one advantage of joint venture?
Eicher's low-cost manufacturing base afforded Volvo the right opportunity to make India an exporting hub for emerging markets.
False
True
Joint venture is a ________ partnership.
(a) temporary
(b) permanent
(c) infinite time
Volvo and Eicher's total sales dipped significantly after entering into the joint venture.
False
True
Which of the following is the best explanation of a joint venture?
A general business partnership.
The merging of two or more businesses to pursue a business venture.
A partnership of businesses formed to engage in a short term business venture together.
A group of two or more persons or entities that come together on a temporary basis to pursue a joint business activity for profit.
- True
- False
- international companies
- all of the above
- government companies
- private companies
- expansion of business
- development of new products
- moving into new markets
- all of the above
It was only after signing the JV that, Eicher could reach markets in Nepal, Bangaldesh, and Sri Lanka.
True
False
State the features of Joint venture.
Innovation and low cost to production is one of the unique features of Joint Ventures.
True
False
Joint venture and Partnership firm.
Joint venture is a business agreement in which parties agree to develop for a infinite time.
- Access to technology
- Low cost production
- Established brand name
- All of the above
- Established brand name
- None of the above
- Access to technology
- Low cost of production
Explain various schemes of SIDBI.
- True
- False
Why is Joint Venture useful?