Joint venture
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A '''joint venture''' is a business tactic formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. | A '''joint venture''' is a business tactic formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. | ||
+ | ==See Also== | ||
+ | * [[Merger]] | ||
[[Category: business]] | [[Category: business]] |
Current revision as of 05:55, 7 October 2008
A joint venture is a business tactic formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise.