What is a disadvantage of joint ventures? - ProProfs Discuss
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What is a disadvantage of joint ventures?

Asked by Sachou, Last updated: Jun 15, 2022

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2 Answers

E.Ruth

E.Ruth

E.Ruth
E.Ruth

Answered Feb 19, 2018

Management of the joint venture will never lead to disagreements Partnering in a joint venture can be rewarding. However, when you partner with other people, companies or businesses that don’t share the same views, objectives and goals that you have, chances are that you and your partners will disagree with some of the management decisions that you will make during the course of the venture.

A joint venture is a business arrangement that combines the expertise and resources of two or more unrelated companies or businesses. This type of business arrangement offers many advantages that can help your business become successful. On the other hand, joint ventures can also cause problems in terms of management style and the way you implement your company objectives.

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John Smith

John Smith

John Smith
John Smith

Answered Mar 02, 2017

Management of the joint venture will never lead to disagreements
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