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7.4.1.1.Advantages of Joint Venture
Joint venture offers the follows benefits: 1. It reduces risk involved in the business. 2. It helps to increase the competitive strength of business. 3. It enables the use of advanced technology and know-how. 4. It enables the firms to avail the benefits of large scale economies. |
Last modified: Monday, 18 June 2012, 5:37 AM