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A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance.. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or ...
There are five common objectives in a joint venture: market entry, risk/reward sharing, technology sharing and joint product development, and conforming to the government regulations. Other benefits include political connections and distribution channel access that may depend on relationships. [ 30 ]
Many franchises are in fact joint-ventures, as at their forming the franchise law was not explicit. For example, McDonald's is a joint venture. Pizza Hut, TGIF, Wal-mart, Starbucks followed not long thereafter. But total franchising is only 3% of retail trade, which seeks foreign franchise growth.
Download as PDF; Printable version; In other projects ... Joint ownership refers to: Housing equity partnership; Co-ownership (disambiguation) Joint venture, a ...
Download as PDF; Printable version; In other projects Wikidata item; Appearance. move to sidebar hide. ... Chinese-foreign joint-venture companies (7 C, 22 P) M. MBDA ...
Supermarket format offering groceries, daily essentials and general merchandise 2004 50:50 joint venture with Tesco: Zara: 23 Fast-fashion retail chain 2009 49:51 joint venture with Inditex: Massimo Dutti: 3 Premium clothing retail chain 2011 49:51 joint venture with Inditex Booker India: 8 Cash and carry format for businesses and traders 2019