Distigusing joint venture and consignment?

When two parties or more join together and work on the same project,they form the joint venture.he joint venture is legally separated from the two parties but the parties can control over...

A joint venture is typically a business agreement between two or more businesses for the purpose of a mutually beneficial sales transaction for a product or service. Each party will combine resources...

The four types of joint venture are licensing, contract manufacturing, management contracting, and joint ownership

more than likely in its supply chain.

That's a question with answers more complex than can be addressed effectively in this venue. Here is some information to get you started: http://www.allbusiness.com/accounting/628309-1.html