2 International Joint Venture 2 What is IJV?Īn International Joint Venture is an entity of its own, separated from the participants Thus, identification of the issues and choosing partners and strategies should be fully considered before entering the new countries by MNCs because it would directly decrease the risk of unsuccessful operation. Consequently, using International Joint Venture approach has been became more popular strategy for MNCs to entry another country, however, it exist advantages and disadvantages. The findings of this assignment are the key factors of using International Joint Venture for the Multinational Companies, which include (1) sharing the risk and resources with the local companies, (2) using the corporations’ reputation and facilities to get into a new market, and (3) quickly and easily the understanding the local marketing. All researches of this report are based on the currently academic reports, the annual report of the organizations, and the journal articles of the global management from the academics and professionals. This assignment’s topic is the discussion about the both advantages and disadvantages of IJVs and providing both unsuccessful and successful examples of the Companies using IJVs, which are Groupon and Campbell Soup Company, in order to provide the recommendation for organizations’ future investing. The area of this report is focus on the Global entry strategy which is International Joint Venture. There might be differences in working cultures and ethical understandings. It also recommended for an organization to be open minded when working with another international organization. 1 Introduction International joint venture will be a brilliant way for an organization to go global. It can be conclude that an international joint venture is a recommended move if the expanding organization is willing to learn and adjust with their partnering organization. Subra Ananthram Tutorial Class: Friday 9 to 11 Date: 21/9/ Executive Summary The purpose of this report is to identify and discuss the factors involving Multinational Companies (MNCs) using International Joint Venture (IJV) for strategy to entry other countries in relation to analyze the advantages and disadvantages of using IJVs by providing specific examples, which are Groupon and Campbell Soup Company. International Management 375 Group Report International Joint Venture Students’ Name: Muhammad Alfi Rifadli Mansur (16765968) Putri Danica Wijaya (16112852) Callista Bella Lie (16818574) Chan PuiShan, Phoenix (16721892) Tutor’s Name: Dr.
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