Was bedeutet Joint Venture?
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A joint venture is a cooperation of several independent enterprises aimed at achieving a specific goal or conducting a selected activity. All members of such a group share the profits and costs of doing business. An example of a joint venture is Sony Ericsson. Sony is a company operating in the multimedia industry and Ericsson is operating in the telecommunications industry. The cooperation brought many benefits and savings.
Advantages of starting a joint venture
synergy of companies - companies complement each other, thanks to which the project is cheaper and develops faster;
risk prevention - the risk is distributed among all companies, it is easier to solve problems;
access to the capital market of each of the founders of the joint venture;
it is easier to survive big changes on the market when you are in a group.
Disadvantages of a Joint Venture
the desire to dominate one of the shelves over the others;
the possibility of internal conflicts in the event of a different vision of the company's development;
different work culture in the case of companies from several countries.
A joint venture is a cooperation of several independent enterprises aimed at achieving a specific goal or conducting a selected activity. All members of such a group share the profits and costs of doing business. An example of a joint venture is Sony Ericsson. Sony is a company operating in the multimedia industry and Ericsson is operating in the telecommunications industry. The cooperation brought many benefits and savings.
Advantages of starting a joint venture
synergy of companies - companies complement each other, thanks to which the project is cheaper and develops faster;
risk prevention - the risk is distributed among all companies, it is easier to solve problems;
access to the capital market of each of the founders of the joint venture;
it is easier to survive big changes on the market when you are in a group.
Disadvantages of a Joint Venture
the desire to dominate one of the shelves over the others;
the possibility of internal conflicts in the event of a different vision of the company's development;
different work culture in the case of companies from several countries.
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