d. the ability to link your business venture. Joint venture is the combination of two or more different economic entity to create a new entity had the general power of the experience, equipment, technology and financial resources. This is one of the factors assessed the capacity of the business. Especially for those businesses often involved with large scale projects, but in fact these requests sometimes exceed the capacity of a single enterprise in competition. To meet the demands of the market, increase the competitiveness of enterprises, the problems extend to relations in various forms is crucial and necessary solutions. Through which businesses can respond in a comprehensive manner the requirements of customers or of large scale projects and have a high complexity.Joint venture can be done horizontally, i.e. businesses will link with the business sector to take and implement the orders or large projects. The vertical link is form links with enterprises producing raw materials inputs or the provider of the equipment for production, which can create stability in production and reduce the price of the product. Although the venture, associated in any way, the enterprises are based on voluntary principles, equality, mutual benefit.To create the conditions for business can actively in production, transparency in spending and contributed to the assigned labor deep specialization, especially exploit the strengths, overcome their weaknesses, to adapt quickly to market mechanisms, promoting the application of science and technology progress technology on production, thereby enhancing the competitiveness of business.
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