Foolhardy venture definition12/30/2023 ![]() ![]() companies such as Avis, Sterling Drug, General Mills, and TRW. Many of these were large ventures that involved prominent U.S. According to a study done by the Boston Consulting Group, more than 90 ventures in Japan collapsed between 1972 and mid-1976. Joint ventures, however, do have a high overall failure rate, and many of the failures are very costly for the partner companies. ![]() In addition, nationalistic governments such as those of India and Mexico are demanding that joint ventures replace autonomous corporate subsidiaries. But as projects get larger, technology more expensive, and the costs of failure too large to be borne alone, managers in many businesses must learn to accept and work with joint ventures. Managers often disparage joint ventures as losing propositions-too complex, too ambiguous, too inflexible. The managers of these undersea enterprises and others are discovering that they have a lot to learn about the design and management of joint ventures. company voiced strong opposition to the notion of bringing in partners, but in view of the technical, economic, and political risks involved, a joint venture partnership was the only means of continuing. Steel, INCO, Lockheed, and Kennecott the fifth was an all-French venture. Four of these were international, headed by U.S. By 1980 all of these independent efforts had coalesced into five major ventures. and foreign companies, spurred by tales of great wealth lying on the seabed, were independently looking for mine sites and evaluating techniques for raising manganese nodules to the ocean surface. In the 1960s and early 1970s, a number of U.S. How fast should the joint venture grow? What constitutes good or bad management of it? The answers to these questions and others are critical to venture success, as is management flexibility. This author, drawing from his research with 37 joint ventures involving mostly North American and Western European companies, explores the different ways executives can tailor their management approach to the specific needs of the enterprise. With the increasing use of this form of management, business leaders must think about the more effective way of managing: shared management or dominant parent. Venture Capital Company of Zimbabwe Ltd.Despite the great potential for conflict, many companies routinely-and successfully-use joint ventures.Venture Capital and Principal Investment.Ventura Intercity Service Transit Authority.Ventura County Watershed Protection District.Ventura County Transportation Commission.Ventura County Superintendent of Schools Office.Ventura County Superintendent of Schools.Ventura County Special Districts Association.Ventura County Schools Self-Funding Authority.N → Unternehmung f, → Unternehmen nt, → Unterfangen nt mountain-climbing is his latest venture → seit neuestem hat er sich aufs Bergsteigen verlegt a new venture in publishing → ein neuer verlegerischer Versuch, ein neues verlegerisches Experiment this was a disastrous venture for the company → dieses Projekt or dieser Versuch war für die Firma ein Fiasko his first venture into novel-writing → sein erster Versuch, Romane zu schreiben he made a lot of money out of his ventures in the world of finance → er verdiente bei seinen Spekulationen in der Finanzwelt viel Geld his purchase of stocks was his first venture into the world of finance → mit dem Erwerb von Aktien wagte er sich zum ersten Mal in die Finanzwelt his early ventures into music were successful → seine frühen musikalischen Versuche waren erfolgreich rowing the Atlantic alone was quite a venture → allein über den Atlantik zu rudern war ein ziemlich gewagtes Abenteuer the astronauts on their venture into the unknown → die Astronauten auf ihrer abenteuerlichen Reise ins Unbekannte Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. ![]()
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