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Joint venture
Joint venture
 It is a business combination and is
used extensively in international
business. Here, two or more
companies from a temporary
partnership for a special purpose.
Definition
 Joint venture are special case of
consolidation where two or more
companies form a temporary
partnership (also called as
consortium) for a special purpose
Features of Joint Venture
 Comprehensive concept
 Coming together of two companies
 Facilitates inflow of capital and
technology
 Benefits both partners
 Facilitate industrial growth
 Government approval necessary

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Joint venture - BAF

  • 2. Joint venture  It is a business combination and is used extensively in international business. Here, two or more companies from a temporary partnership for a special purpose.
  • 3. Definition  Joint venture are special case of consolidation where two or more companies form a temporary partnership (also called as consortium) for a special purpose
  • 4. Features of Joint Venture  Comprehensive concept  Coming together of two companies  Facilitates inflow of capital and technology  Benefits both partners  Facilitate industrial growth  Government approval necessary