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    Joint Ventures on the Internet

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    Write about joint ventures using one Internet site of any multinational corporation to demonstrate their particular involvement in this area.

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    https://brainmass.com/business/multinational-corporations/joint-ventures-internet-316028

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    Let's take a closer look. I gave two examples from two different websites for the Shell Corporation for you to consider for your final response to demonstrate a joint venture.

    RESPONSE:

    1. Write about joint ventures using one Internet site of any multinational corporation to demonstrate their particular involvement in the area.

    A Joint venture (JV) is defined as a " contractual agreement joining together two or more parties for the purpose of executing a particular business undertaking. All parties agree to share in the profits and losses of the enterprise" (http://www.investorwords.com/2671/joint_venture.html). Multi National Companies (MNCs) form JVs to further their market gains and profitability.

    Although there are varying definitions, according to Root (1994), an MNC is a parent company that

    1. Engages in foreign production through its affiliates located in several countries,
    2. Exercises direct control over the policies of its affiliates,
    3. Implements business strategies in production, marketing, finance and staffing that transcend national boundaries ...

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    This solution discusses joint ventures on the internet.

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