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Joint Ventures Definition and Explanation PDF | Download eBooks

Learn Joint Ventures definition in supply chain management with 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:

Joint Ventures Explanation:

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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