A Study On Joint Venture

1393 Words Apr 8th, 2016 6 Pages
Joint venture is the agreement in between the business organizations that tends to do work together by mutual contract. This is termed as the business agreement that is concerned with the development of mutual consent for the limited rime period. Considering the bigger picture Xtech is the leading Extrusion technology incorporation and the CEO of this incorporation has visited China for the development of XTech. It is termed as the leading global manufacturer that is based on the wide range of mechanical solution that is usually used for the circuit boarding. After the numerous meetings in Xiamen Foreign investment board the top management has started making the things in order to make some setup of Xtech in China. In order to cultivate the new project the business is likely to project the new idea as well as to have geography where the establishment of business is made possible. In the idea of expanding the resources it is necessary to make a joint venture. At X Technologies is the organization that is providing services and quality operation in field of engineering, security programs, information technology and different technological programs that can help the commercial and federal organizations. This organization is very effective for managing and introducing new improvements and advancements for increasing services of contracting vehicles. Most important feature that has considered by this organization is the teaming partners and joint venture with other…

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