Business partnership
JV Challenges Name
JV Benefits
Famous Joint Ventures
100

Combining resources, expertise, and risks, this type of partnership is often for specific projects.

What is a joint venture?

100

When partners have different aims, this common issue can arise.

what is goal misalignment 

100

Partners share each other's technology, knowledge, and other resources.

What is resource sharing?

200

This benefit of a joint venture allows companies to share costs and lower individual financial risk.

what is risk sharing?

200

If one partner works harder than the other, this issue can cause tension.

what is unequal work?

200

Sharing these two factors makes big projects more affordable.

What are costs and risks?

200

Sony and this company partnered to create mobile phones.

 What is Ericsson? 

300

Companies use joint ventures to enter these, especially by partnering with local businesses.

What is a new market?

300

This type of conflict happens when partners have different company cultures.

what are cultural differences? 

300

JVs often lead to new products and ideas, thanks to combined expertise.

What is innovation? 

300

BMW partnered with this Japanese automaker to work on fuel cell technology.

what is Toyota ?

400

This document outlines goals, roles, and profit-sharing in a joint venture.

what is an agreement 

400

Without trust, joint ventures can face this major issue.

what is a trust issue?

400

A JV can help companies compete better in this.

what is the market?

400

Originally a JV between NBCUniversal, Disney, and Fox, this service offers streaming TV and movies.

what is Hulu?

500

These two companies partnered to create Google Earth using satellite data

Who are Google and NASA?

500

This part of a JV agreement details conditions for ending the partnership 

what is an exit strategy?  

500

JVs are usually set up for a specific project, giving this advantage of not being long-term.

What is flexibility?

500

BMW and Toyota collaborated to create this type of environmentally friendly technology.

what are fuel cell?

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