Identify a joint venture and provide background about both companies. Explain why they chose to participate in a joint venture.© BrainMass Inc. brainmass.com June 4, 2020, 12:17 am ad1c9bdddf
Identify a joint venture and provide background about both companies. Explain why they chose to participate in a joint venture.
Organization face following challenges in the foreign locations:
? Economic or political conditions including inflation, recession, interest rate fluctuations and actual or anticipated military or political conflicts;
? Longer accounts receivable cycles and financial instability among customers;
? Trade regulations and procedures and actions affecting production, pricing and marketing of products;
? Differing technology standards or customer requirements;
? Organizations are also affected by foreign exchange fluctuation in foreign markets.
? Local legal requirements (Including labor, taxation and other regulatory requirements)
? Managing a geographically dispersed workforce;
? Changes in the regulatory or legal environment;
Joint ventures and international mergers will help in ...
Response discusses Analyzing and Managing Foreign Entry is examined. A joint venture is identified and background information is provided.