Assignment on Selling and Sales Management

Diversification involves selling a division or part of an organization. An acquisition or investment may be funded by a divestiture to raise capital for further strategic acquisitions. At its most basic level, a joint venture is an agreement between two or more businesses to join forces. In essence, a joint venture is a commercial agreement between two or more parties to achieve specific business objectives, such as the launch of a new type of business or the sale of products to a new market.