How To Form Business Partnerships and Alliances
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Unit Purpose and Aims
The purpose of this unit is to;
The learner will explore and learn the notion and importance of joint ventures, alliances and partnerships in business.
Learning Outcomes
Learners will;
1. Understand the importance of working with other companies for mutual benefit
Learners can;
1.1 Describe how different companies can help each other
1.2 Describe different methods to begin business partnerships.
2. Understand joint ventures
2.1 Describe what a joint venture is and why they exist.
2.2 Explain the risks and benefits of a joint venture
3. Understand how to choose the right joint venture partner
3.1 Assess suitability of a potential partner
3.2 Research and analyse the key components in typical JV agreements.
Learning Tools, Resources & Links
Things that will help the learner develop understanding of this unit;
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