subcontractor join to main contractor to form joint venture but that venture is not partnership
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The purpose of equity alliance is less specific than a joint venture. Unlike a joint venture, one partner retains control through their majority shareholding in an equity alliance.
The Joint Venture is temporary partnering and alliance but Merger is permanently combination.
joint venture, each partner provides inputs and absorbs outputs
A regular entrepreneur is someone who is willing to take risks to make a new venture for profit.. while a social entrepreneur has that in mind, but what makes him or her different is that he/she has a vision to make this venture not only a profitable one, but a venture that can help society for the good.
A joint venture is a business that is made up of two or more people or other businesses. The biggest disadvantage of a joint venture is that if one partner has a debt, then the other partner may be responsible for those debts. Other disadvantages include conflicts, disputes, and the limited life of the company.