Examlex
Which terms below are synonymous?
Joint Venture
A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task.
New Market
Refers to an undiscovered or underexploited segment in the marketplace that a company can target to expand its customer base.
Strategic Alliance
A collaborative relationship between independent firms, though the partnering firms do not create an equity partnership; that is, they do not invest in one another.
Globally-Based Opportunity
A chance or prospect for business, investment, or collaboration that is available on an international scale.
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