Discussion: Formation of Joint Ventures

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EX. 1
I support the angle in which you approached this question that the formation of joint ventures can significantly contribute to a company’s success. I think that joint ventures contribute to a company’s growth since the cooperation means combining efforts towards one goal, which would be to reach greater markets for their products in this case. I also liked how you continued to add a contrasting point that the parties must deal in a similar commodity for the joint venture to get good results. In this case, McDonald’s partnered with Connaught Plaza Restaurant Limited, which had a differing business niche leading to McDonald’s failure in India. The second point you added on effective marketing and advertising to reach bigger markets as a substitute for forming a joint venture with a company in a different business line as also a strong one.
This article is generally well delivered by mentioning the key points that you understood from the reading, which was the need for companies with similar product lines and goals in the global market to form partnerships, followed by an additional point on the importance of effective advertising and marketing. The article also presents a good structure where the points are given systematically, forming a flow. The evidence provided adequately aligns with the main topic in question. The first point about joint ventures needing to be involved in the same product line is a strong point that has proper analysis and supporting statements. The evidence given also has properly cited sources.
The...