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A Joint Venture Is a Partnership in Which Two or More

question 49

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A joint venture is a partnership in which two or more companies join to undertake a major project. All parties commit financing and risk to the project.

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Definitions:

Business Leaders

Individuals recognized for their vision, leadership, and ability to influence in the business community.

Attributes

Characteristics or features of an object, person, or entity that are considered in analysis or decision-making.

Mintzberg

Henry Mintzberg, a renowned academic and author on business and management, known for his work on organizational structures and management strategy.

Organize

The act of arranging or structuring elements in a systematic way to achieve a specific goal or manage activities efficiently.

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