Answer:
The answer is joint Venture
Explanation:
A joint venture is a business arrangement by two or more people or parties to bring their resources together for business purposes or any project. The costs, risk and profit are shared by the parties.
There are a lots of benefits among are :
1. Access to new markets and distribution networks
2. Increase capacity
3. Sharing of risks and costs
Advantages are:
1. It helps the business to grow fast
2. It Increases the productivity.
3. It generates larger profits
