Please wait...
1800-212-7858 (Toll Free)
9:00am - 8:00pm IST all days

or

Thanks, You will receive a call shortly.
Customer Support

You are very important to us

For any content/service related issues please contact on this toll free number

022-62211530

Mon to Sat - 11 AM to 8 PM

Bharti and Airtel proved to be the biggest players in the telecom sector in 2005. Explain the concept and type of features of such an enterprise. 

Asked by Topperlearning User 22nd June 2016, 10:38 AM
Answered by Expert
Answer:

The concept included is that it refers to a joint venture.

  1. When two or more firms join together for a common purpose and mutual benefit, it is known as a joint venture. It may be private, government owned or a foreign company based organisations.
  2. A joint venture means pooling of resources and expertise by two or more business to achieve a particular goal. 

Features of joint venture are

    1.  It is a partnership between two firms.
    2.  It is an activity of temporary based business.
    3.  Profits and losses are shared in agreed proportion in this venture. In the absence of agreement, profits and losses are shared equally.
    4.  The agreement will be terminated after completion of the venture.
    5.  Finally, the entire assets are liquidated and liabilities are paid off. 
Answered by Expert 22nd June 2016, 12:38 PM
Rate this answer
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

You have rated this answer /10

Your answer has been posted successfully!

Latest Questions

CBSE XII Science Hindi1
## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack ## life ##91-9828011216 online Love problem solution B-a-b-a ji Cuttack
qsnImg
Asked by skbabaji0786 19th June 2018, 2:21 PM
CBSE XII Science Hindi1
## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai## life ##91-9828011216 online Love problem solution B-a-b-a ji Bhilai
qsnImg
Asked by skbabaji0786 19th June 2018, 2:19 PM

Chat with us on WhatsApp