Define Joint Venture and Give an Example

question 102

Essay

Define joint venture and give an example.

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Definitions:

Just-world Phenomenon

The belief that the world is fundamentally fair, leading people to rationalize an unjust situation as deserved by the victim.

Companionate

Relating to feelings of deep affection and long-term attachment, emphasizing emotional intimacy and commitment rather than passion.

Deindividuated

Refers to a psychological state where an individual in a group experiences a reduction in self-awareness and a decreased sense of personal responsibility, often leading to uninhibited behavior.

Inequitable

Characterized by unfairness or injustice, particularly regarding the distribution of resources or opportunities.