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Joint Ventures Allow the Service Organization That Is Located in One

question 2

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Joint ventures allow the service organization that is located in one country to contract with a local organization located in another country,which in turn enables both companies to share the risks and rewards of the venture.


Definitions:

Decision Making

The procedure of decision-making entails identifying a decision that needs to be made, seeking out pertinent information, and considering different potential resolutions.

Organizational Structure

The arrangement of roles, responsibilities, and relationships within an organization, defining hierarchy and workflow.

Decision Making

The cognitive process resulting in the selection of a course of action among several alternative scenarios and outcomes.

Information Linkages

Connections or networks that facilitate the flow of information between individuals, groups, or organizations.

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