Day 22 of One Month to More Effective Compliance for Business Ventures - a podcast by Thomas Fox

The key insight for this month is that business ventures, whether joint ventures (JVs), partnerships, franchises, team agreements, strategic alliances or one of the myriad types of business relationships a US company can form outside the US are different than the usual risk presented by third parties. The problems for companies is that they tend to treat business venture risk the same as third party risk. They are different and must be managed differently.
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