Discuss the advantages of a joint venture in a global environment
A joint venture is a partnership of existing businesses for a limited time or limited purpose. The advantages are using the expertise, reputation, and efficiency of other - especially local - companies to increase a United States company's business. The joint venture can produce a profitable business synergy for each company participating in it.
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One type of standing plan, the __________, outlines the general response to a designated problem or situation.
A. policy B. project C. rule D. procedure E. program
The management team at Home Help, a consumer products manufacturer, is considering entering several different foreign markets and is in the process of analyzing each potential market's economic environment
Which of the following measures would best help the management team understand the comparative cost of consumer products in each market? A) gross national product (GNP) B) the Big Mac Index C) the per capita gross domestic product (GDP) D) the standard of living E) gross domestic product (GDP)
U.S. GAAP and IFRS require firms to disclose unrealized gains and losses that historically have bypassed the income statement in a category called other comprehensive income
Indicate whether the statement is true or false
Hugh Snow, the buyer, returned merchandise to Farley Co., the seller. The entry on the books of Farley company to record the return of merchandise from Hugh Snow would include a:
A. Debit to Sales Returns and Allowances B. Debit to Accounts Payable C. Debit to Account Receivable D. Credit to Sales Returns and Allowances