Joint Ventures- Legal Arrangement where ownership and management of an organization are shared by more then one organization.
Strategic Alliance- It covers a variety of flexible cooperative arrangement between organizations, from fluid short term cooperation to long term formal agreements. In strategic alliance partners remain independent even after forming the alliance, both share alliance management and benefits and both contribute to the alliance on continuing basis.
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Ashok Pershad
The purpose of equity alliance is less specific than a joint venture. Unlike a joint venture, one partner retains control through their majority shareholding in an equity alliance.
Both have a contract. Joint venture is one kind of strategic allaince . ( Md.Saeeduzzaman Topu,UIU)
The Joint Venture is temporary partnering and alliance but Merger is permanently combination.
A unoin of two or more parties who contractually agree to contribute to a specific task for specified time period. Under JV two firms join and form a separate legal entity and operate ar per partnership Act. The JV can be between individuals or corporations. While Stategic Alliance is mutual Coordination of strategic planning and management in order to achieve long term objectives between two organisations. under this , each organisation will work independently and no separate entity is formed. SA is considered as less risky due to less legalities.
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subcontractor join to main contractor to form joint venture but that venture is not partnership
If you have control over an entity, that entity is your subsidiary. Control means that you make the strategic decisions of that subsidiary. If you and another party(parties) share joint control over an entity, that entity is a joint venture of the parties that control it. "Joint control" is usually governed by a contractual arrangement and would mean that the unanimous consent of the parties controlling it is necessary to make strategic decisions.
Syndicate is a informal arrangment and will be disbanded once the objecive is attained. Joint Venture is legal long term arrangment with a common objective.
An enterprise refers to a business venture that may have not been formally formed. It is usually managed by the family members. An industry refers to a business venture that was formally constituted.
The difference between entrepreneurship and an entrepreneur is Entrepreneurship is the process of managing business with expectation of profit making.
Typically, the difference is in the stage of the company the fund will invest its money. Private Equity Funds invest their money in mid-stage companies while Venture Capital Funds invest their money in early-stage companies.
The Smart car is produced in a joint venture between Mercedes and Swatch and the other is produced by the Ford Motor Company