A joint venture (often abbreviated JV) is a legal entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity Wholesale Jerseys Online , and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only Wholesale Jerseys Cheap , or a continuing business relationship such as the Sony-Ericsson joint venture.
Generally, joint venture is the merging of two (or more) companies, enterprise or organization towards a more profitable Wholesale Jerseys From China , mutually beneficial and stronger entity in the market. They may have varied goals, or may lead only to one goal. Still, the merging was completed because it presented a win-win situation for both (or all) parties.
A joint venture may be of various kinds ?temporary merging or permanent partnership. This is depending on the goals or projects being covered or strategies being adopted by one or more merging parties.
Organizations can also form joint ventures Wholesale Jerseys China , for example, a child welfare organization in the Midwest initiated a joint venture whose mission is to develop and service client tracking software for human service organizations. The five partners all sit on the joint venture corporation's board, and together have been able to provide the community with a much-needed resource.
Some countries Wholesale Discount Jerseys , such as the People's Republic of China, require foreign companies to form joint ventures with domestic firms in order to enter the Chinese market. This requirement often forces technology transfers and managerial control to the domestic partner.
Reasons for forming a joint venture:
Internal reasons
1. Spreading costs and risks
2. Improving access to financial resources
3. Economies of scale and advantages of size
4. Access to new technologies and customers
5. Access to innovative managerial practices
Competitive goals
1. Influencing structural evolution of the industry
2. Pre-empting competition
3. Defensive response to blurring industry boundaries
4. Creation of stronger competitive units
5. Speed to market
6. Improved agility
Strategic goals
1. Synergies
2. Transfer of technologyskills
3. Diversification
Copyright 2007 Ismael D. Tabije
There are so many opportunities available on internet regarding businesses. The need for web based or internet business goes far beyond than merely providing product information and collecting customer feedback. An entire system for convenience of costumers to place orders and handling their financial transactions must be properly introduced. Fortunately, there are numerous e-commerce solutions available. Majority of such web sites typically offer e-commerce plans for businesses wishing to venture into the world of online retailing and others offer much more.
As there is a variety of web based business opportunities available Wholesale Jerseys , building any relevant web site which can reflect the main business product remains a good idea. Before designing the look and feel of a business website, there are a few key points to keep in mind. Considering the targeted audience or users, website aimed at children or teenagers will have a decidedly different feel than a website aimed at business executives. It is important to know the proper users with this basic knowledge so that the required products can be introduced.
Easy to use websites are much more preferable than one cluttered with too many things. While it can be tempting to add different interactive features and cute graphics Cheap Soccer Jerseys Free Shipping , such things detract focus from the overall website and the main products. Moreover, they do not convey a professional image. Websites are extensions of any business. How people perceive the site will in turn reflect their response. It is vital to convey a professional image via web sites to inspire confidence regarding a business and the products and services it is offering.
Usability relates and focuses on the user experience and how "user friendly" the website is. However, usability remains an issue that is given little or no importance on many websites including business oriented sites. This Cheap Soccer Jerseys Wholesale , in turn, has a negative impact on the business. If a user cannot figure out how to find the information he requires from the web site then he may choose to do business with someone else.
Fortunately, usability testing is neither complicated nor expensive to implement. The easiest solution is to devise a simple series of tasks for users to perform and run a few trials. For e-commerce sites tasks could include placing an order for a product or finding information on shipping policies. The important factor in usability testing is to pay attention to the user's behavior as opposed to his opinions. Many times people will prefer not to reveal the fact that they had difficultly performing a certain task Cheap Soccer Jerseys From China , perhaps blaming them instead of putting it on a poorly designed site. To continue to refine the design and the end-user experience is both a pleasant and an effective exercise for the business.
The focus of the website should be on making sure the customer is able to find the products they are looking for and place orders with little hassle. While it is still important to provide information on the company and handle customer feedback, it must not be at the expense of ease of use or reputation of the business may be ruined.
Pay Yourself First! Marketing Articles | February 18, 2013
How many of you keep telling yourself that you have no money? That happens a lot at this time of year! One of the TV shows that I watch regularly is Dragon?s Den (the Canadian version of the U....
How many of you keep telling yourself that you have no money? That happens a lot at this time of y. Cheap Jerseys Online Cheap Jerseys China Wholesale Cheap NBA Jerseys China Wholesale Jerseys Cheap College Jerseys From China Cheap NHL Jerseys Free Shipping Cheap Football Jerseys Cheap Authentic Soccer Jerseys Wholesale Jerseys Cheap Nike NBA Jerseys