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Strategic Alliances and Joint Ventures

posted Oct 23, 2013, 11:12 AM by Bryan Berson   [ updated Sep 13, 2014, 5:33 PM ]
Suppose a company wants to expand into a foreign market or combine its product with that of another firm. One of the quickest and most effective ways to accomplish this is through a strategic alliance (“alliance”) or joint venture (“JV”) with another business. An alliance or JV enables a company to expand without developing a new wholly-owned subsidiary, business, or product.

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