A u.s.-based car company is pairing with a japanese car company to create a separate, independent organization for selling a line of motorcycles in brazil. this is an example of ________.

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12-09-2022
Business

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A u.s.-based car company is pairing with a japanese car company to create a separate, independent organization for selling a line of motorcycles in brazil. this is an example of ________.

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Tutorconsortium363 Tutorconsortium363 · Answer 1 · 2022-09-15T01:59:53-04:00

The U.s.-based car business is pairing with a Japanese car company to make a separate, independent organization for marketing a line of motorcycles in brazil. This is an instance of a joint venture.

What is a joint venture and how does it used?

A joint venture is a retail arrangement between two or more parties who agree to co-operate to reach a particular objective. Joint ventures protect a wide range of collaborative business arrangements which involve differing grades of integration and which may be for a fixed or unlimited duration.

To learn more about the joint venture visit the link

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