joint venture
Business
Political Science
Examples of joint venture in the following topics:
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Joint Venture
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Joint Ventures
- In a joint venture business model, two or more parties agree to invest time, equity, and effort for the development of a new shared project.
- A joint venture is a business agreement in which parties agree to develop a new entity and new assets by contributing equity.
- While joint ventures are generally small projects, major corporations use this method to diversify.
- Since money is involved in a joint venture, it is necessary to have a strategic plan in place.
- Some major joint ventures include Dow Corning, MillerCoors, Sony Ericsson, Penske Truck Leasing, Norampac, and Owens-Corning.
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Joint Ventures
- MillerCoors is a joint venture between SABMiller and Molson Coors Brewing Company.
- A joint venture takes place when two parties come together to take on one project.
- A joint venture is sometimes a partnership between a domestic firm and a foreign firm.
- Either or both parties no longer agree with joint venture aims
- Explain how a joint venture is formed, how it functions and why it eventually dissolved
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Joint ventures and direct investment
- A joint venture is a partnership between a domestic firm and a foreign firm.
- Joint ventures require a greater commitment from firms than licensing or the various other exporting methods.
- A domestic firm may wish to engage in a joint venture for a variety of reasons; for example, General Motors and Toyota have agreed to make a subcompact car to be sold through GM dealers using the idle GM plant in California.
- Organizations engaging in licensing or joint ventures do not own manufacturing and marketing facilities abroad.
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China
- Since China and the United States resumed trade relations in 1972 and 1973, U.S. companies have entered into numerous agreements with Chinese counterparts that have established more than 20,000 equity joint ventures, contractual joint ventures, and wholly foreign-owned enterprises.
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Global Marketing in the U.S.
- Example of Joint Venture: A domestic firm may wish to engage in a joint venture for a variety of reasons; for example, General Motors and Toyota have agreed to make a subcompact car to be sold through GM dealers using the idle GM plant in California.
- A joint venture is a partnership between a domestic and foreign firm.
- Both partners invest money, share ownership, and share control of the venture.
- Joint ventures require a greater commitment from firms than other methods, because they are riskier and less flexible.
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Syndicates
- A joint venture (JV) is a business agreement in which parties agree to develop, over a specific period of time, a new entity and new assets by contributing equity.
- In the case of individuals, when two or more persons come together to form a temporary partnership for the purpose of carrying out a particular project, the partnership may be called a joint venture and the persons referred to as co-venturers.
- The venture may concern one specific project, in which case the JV is referred to more correctly as a consortium; alternatively, it may represent an ongoing business relationship.
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Financing Company Operations
- Examples of bootstrapping include: Owner financing, sweat equity, minimization of the accounts receivable, joint utilization, delaying payment, minimizing inventory, subsidy finance, and personal debt.
- Examples of Bootstrapping: Owner financing Sweat equity Minimization of the accounts receivable Joint utilization Delaying payment Minimizing inventory Subsidy finance Personal Debt
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Functional Classification of Joints
- This category includes fibrous joints such as suture joints (found in the cranium) and gomphosis joints (found between teeth and sockets of the maxilla and mandible).
- Most joints in this category include cartilaginous joints such as those found between vertebrae and the pubic symphysis.
- An example is the elbow joint.
- Multiaxial – Includes the ball and socket joints.
- An example is the hip joint.
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Types of Synovial Joints
- Anatomical joints may consist of a combination of two or more joint types.
- The atlanto-axial joint, proximal radioulnar joint, and distal radioulnar joint are examples of pivot joints.
- Examples include the wrist joint (radiocarpal joint) and the temporomandibular joint.
- The knee joint is an example of a compound joint/modified hinge joint where different types of joints combine.
- Collection of Joint Movements (Example): Wave your arm (hinge joint) and hand (condyloid joint) while nodding your head (pivot joint), and giving a thumbs up (saddle joint).