human resource management 173
3000 words, Joint Venture company
“Equity alliances involve the creation of a new entity that is owned separately by the
partners involved. The most common form of equity alliance is the joint venture, where
two organisations remain independent but set up a new organisation jointly owned
by the parents. For example, Ethihad Airways, founded in 2004, has grown rapidly to
be the fifth largest airline largely through the creation of many equity alliances. These
include agreements with Alitalia, Air Berlin, Air Serbia, Air Seychelles, Darwin Airlines
and India’s Jet Airways. A consortium alliance involves several partners setting
up a venture together. For example, IBM, Hewlett-Packard, Toshiba and Samsung are
partners in the Sematech research consortium, working together on the latest semiconductor
technologies.â€
3000 words assignment.
Kindy find attached assignment brief
