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Free Joint Venture Essays and Papers

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    Essay On Joint Venture

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    “A Joint venture involves two or more legally distinct organisations (the parents), each of which actively participates, beyond a mere investment role, in the decision-making activities of the jointly owned entity” (Geringer, 1988). The parties (often companies or individuals) contribute equity to develop a new entity and control the business, share risks and consequently share revenues generated by the venture. It is called an International joint venture (IJV) if at least one parent is headquartered

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    Essay On Joint Venture

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    definition of a “joint venture.” The phrase is best interpreted by the presence of specific attributes, understandings and preparations. An international joint venture is often interpreted as the joining of two or more business partners from different territories to barter resources, share risks and split the rewards that come from having a joint enterprise. One of the partners is usually physically based in the jurisdiction where the joint venture is located. A joint venture has similarities

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    Why International Joint Ventures Fail In today’s business world, managing risk is paramount. Some multinational companies choose to fly solo, while others implement a joint venture (JV) to mitigate both see and unseen risks. Both equity JV’s, defined by resources contributed by both parties to facilitate a new company and contractual alliances, seen by partner collaboration without an existing new company creation, are attractive formats for companies to offset risk. Although the type of JV may be

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    International Joint Ventures (IJVs)

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    world, multinational corporations (MNCs) need to find new markets to stay competitive. A way in which they can do this is through IJVs. Hyder and Ghauri (2000) estimate the growth of IJVs to be 25% annually. As defined by Geringer (1988), a joint venture (JV) is when two or more distinct companies come together and form a new entity. Geringer and Hebert (1991) extend this definition to include IJVs and stated that if the headquarters of one of the partners is outside the country where the JV is

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    Joint Venture Case Study

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    competitiveness in the present era. So companies are expanding and for this purpose, joint ventures are increasingly becoming common these days. The concept is also called internationalization (Beamish and Lupton, 2009) which is the result of the shift to more customized demands, core competency focus and desire to achieve economies of scale. There are many underlying reasons and benefits for such joint ventures. In some countries, this is the only way to engross in foreign business, for example

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    task in JV which includes; financial resources of the prospective partners, technological capabilities, presence in market and selection of partners for the feasibility study. 3. Feasibility study Affirmation of the culture and structure of the Joint Venture, analysis of partners comfort with and adaptability to the new technology and culture of the JV, analysis of the authority, responsibility and financial gains and loss sharing among the

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    According to Black's Law Dictionary `Joint Venture' means: “A business undertaking by two or more persons engaged in a single defined project. The necessary elements are an express or implied agreement; a common purpose that the group intends to carry out; shared profits and losses; and each member's equal voice in controlling the project.” Indian Law does not define Joint Venture (JV) under the Competition Act of 2002 nor the Companies Act of 1956. However, for the restricted purposes of foreign

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    success rates of International Joint Ventures (IJVs). Definition Glaister, Husan and Buckley (2004, p.1) define the IJV as “two or more legally distinct organisations (the parents), each of which invests in the venture (the child) and actively participates in the decision-making activities of the jointly owned entity”. The authors contend that the entity is international when operating in a country distinct from at least one of the parents. Why International Joint Ventures Fail Learning and Risk Statistically

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    Cultural Differences in Joint Ventures

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    ESSAY TOPIC (1) :A joint venture is affected by the cultural distance between two partners. In what ways are joint ventures and types of international collaboration affected by cultural differences? INDEX INTRODUCTION…………………………………………………………………2 What is culture?…………………………………………………………………2-3 The Cultural Orientation Model……………………………………………….4 The cultural Gap…………………………………………………………………5-6 Understanding Cultural Differences………………………………………….6 The Challenge of Cultural Success…………………………………………..7

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    Introduction In the reading "A first time expatriates experience in a joint venture in China" we have come to understand the nature and structure of the joint venture between the U.S.A. and China and the role that James Randolf played to strengthen and maintain the international partnership. Controls Inc. was a subsidiary of the parent company Filtration Inc. and so was shielded from any outside competition. When Controls Inc. was given the charter to pursue its own business they realized the

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