Q4 Explain one benefit for a business of engaging in a joint venture. [3]
----
Possible Structure:
[KN]
[AN]
[AN+]
4 Explain one benefit for a business of engaging in a joint venture. [3]
-
Sir Afzal Shad
- Grand Commerce Guru
- Posts: 305
- Joined: Sun Oct 22, 2023 10:10 pm
- Has thanked: 19 times
- Been thanked: 2 times
-
Shanze Arsalan
- Trade Titan
- Posts: 94
- Joined: Mon Oct 23, 2023 8:06 pm
- Been thanked: 3 times
Re: 4 Explain one benefit for a business of engaging in a joint venture. [3]
KN: Joint ventures involve a partnership between two or more entities
AN: In this way businesses can share resources
AN+: Sharing resources can lead to significant cost savings.
AN: In this way businesses can share resources
AN+: Sharing resources can lead to significant cost savings.
-
Malik Adeesa
- Corporate Commander
- Posts: 53
- Joined: Thu Nov 02, 2023 6:37 pm
- Has thanked: 2 times
- Been thanked: 1 time
Re: 4 Explain one benefit for a business of engaging in a joint venture. [3]
[KN]:helps the business grow faster.
[AN]:increase productivity and generate greater profits.
[AN]:increase in market share.
[AN]:increase productivity and generate greater profits.
[AN]:increase in market share.