Business Studies

As equity joint venture is _________.


ANSWER

A capital sharing arrangement between an MNC and a local company (or even a foreign Government) or another MNC.


SOLUTION
A joint venture is created by two or more parties generally characterized by a share of ownership, return, risk and share profits as equity it is an agreement between two companies to become one venture, for example, Starbucks is a joint venture of TATA enterprise.
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Single Correct Medium Published on 18th 08, 2020
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