Coupon Accepted Successfully!


Joint Ventures

Joint venture is a very common policy for getting into overseas markets. A joint venture means setting up a company that is jointly owned by two or more independent companies. In the other words, it can also be explained as any form of connection which implies teamwork for more than a transitory period. A joint ownership venture may be brought about in three main modes:
  1. Local firm obtaining an interest in an existing foreign company
  2. Foreign investor buying an interest in a local firm
  3. Both the foreign and local entrepreneurs together forming a new venture

Test Your Skills Now!
Take a Quiz now
Reviewer Name