International Business: The Challenges of Globalization (8th Edition)
8th Edition
ISBN: 9780133866247
Author: John J. Wild, Kenneth L. Wild
Publisher: PEARSON
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Chapter 13, Problem 5EC
Summary Introduction
To Determine:
Whether the two companies can establish their ethical principles before commencing into a joint venture
Introduction:
A joint venture is a business commenced by two or more entities, in which they share ownership, share risks, share losses and gains; companies come into a joint venture to access new markets, emerging into new markets, to share their risks for major investment projects.
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