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4 Explain one benefit for a business of engaging in a joint venture. [3]
Posted: Mon Oct 30, 2023 11:06 pm
by Sir Afzal Shad
Q4 Explain one benefit for a business of engaging in a joint venture. [3]
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Possible Structure:
[KN]
[AN]
[AN+]
Re: 4 Explain one benefit for a business of engaging in a joint venture. [3]
Posted: Fri Nov 03, 2023 3:16 pm
by Shanze Arsalan
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.
Re: 4 Explain one benefit for a business of engaging in a joint venture. [3]
Posted: Sat Nov 04, 2023 12:06 am
by Malik Adeesa
[KN]:helps the business grow faster.
[AN]:increase productivity and generate greater profits.
[AN]:increase in market share.