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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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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