Joint Ventures Notes: Definitions & Explanations PDF | Download eBooks
Study Joint Ventures lecture notes PDF with supply chain management definitions and explanation to study “What is Joint ventures?”. Study joint ventures explanation with SCM terms to review supply chain management course for online MBA programs.
Joint Ventures Definition:
Firms establishing joint ownership to pursue new products or markets.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Joint Ventures Notes:
Those firms move towards the joint ventures when their end goals are same and they agree to pool the resources to accomplish specific task. Tasks may be of different types and each partner is responsible for the profits, costs associates with it and the losses. Ventures have its own entities and are separate from other business activities.
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