What does JV stand for in business?
AnswerJoint venture
JV is short for joint venture.
Business · Facts & stats
JV facts & stats
7 fact-checked facts about joint ventures and business partnerships, each with the reason behind it. 5 more are in today's round and join this page after it closes.
The basics
What is a joint venture?
AnswerTwo or more parties pooling resources for a shared project
Partners share control, costs and results while staying separate.
Going deeper
Sony Ericsson was a joint venture between Sony and a company from which country?
AnswerSweden
Ericsson is a Swedish telecom company.
What does an exit clause in a JV agreement cover?
AnswerHow a partner can leave
Exit clauses set terms for ending or leaving the venture.
What does 'synergy' mean in a partnership?
AnswerCombined value greater than each part alone
Synergy is when partners together achieve more than separately.
Expert level
Airbus began in 1970 as a consortium mainly of companies from which two countries?
AnswerFrance and West Germany
French and West German firms founded Airbus Industrie; others joined later.
Fuji Xerox was a joint venture of companies from which two countries?
AnswerJapan and the United States
It paired Japan's Fujifilm with America's Xerox.
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