Business A-Level
joint venture
What joint venture means in Business A-Level, as defined for AQA.
Definition of joint venture
Check what you remember
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Reference: AQA
Buys regulatory access and local knowledge, but shared control can generate disputes over strategy and profit.
Topics that use joint venture
- Assessing globalisation and internationalisation (AQA A-Level)
Related terms
- competitive rivalry
- contribution per unit
- cultural distance
- Economies of scale
- emerging economy
- exchange rate movements
- falling transport and communication costs
- franchising
Using joint venture in the exam
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