Difference between revisions of "WorldOpp joint venture"
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| − | Any [[WorldOpp joint venture]] is a [[joint venture]] created by two parties, one of which is [[Friends Of CNM]]. | + | Any [[WorldOpp joint venture]] (alternatively known as [[WorldOpp JV]] or [[WOJV]]; hereinafter, ''WOJV'') is a [[joint venture]] created by two parties, one of which is [[Friends Of CNM]] (hereinafter, the ''Alliance'') and another (hereinafter, the ''Host'') is some [[legal entity]], which does not consider recruitment as its core [[business]]. Any ''WOJV'' is characterized by shared ownership, shared returns and risks, and shared governance. |
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| + | ==Purpose== | ||
| + | ''WOJV'' can be created because of one or more reasons as follows: | ||
| + | #To access new markets. Most likely, the ''Alliance'' would like to: | ||
| + | #*Access potential recruits using ''WOJV''; AND | ||
| + | #*Offer the ''Host'' to access potential customers in the [[Washington DC metro area]]. | ||
| + | #To gain scale efficiencies by combining assets and operations. | ||
| + | #To share risk for major investments or projects. | ||
| + | #To access each other's competencies. | ||
Latest revision as of 00:23, 11 October 2019
Any WorldOpp joint venture (alternatively known as WorldOpp JV or WOJV; hereinafter, WOJV) is a joint venture created by two parties, one of which is Friends Of CNM (hereinafter, the Alliance) and another (hereinafter, the Host) is some legal entity, which does not consider recruitment as its core business. Any WOJV is characterized by shared ownership, shared returns and risks, and shared governance.
Purpose
WOJV can be created because of one or more reasons as follows:
- To access new markets. Most likely, the Alliance would like to:
- Access potential recruits using WOJV; AND
- Offer the Host to access potential customers in the Washington DC metro area.
- To gain scale efficiencies by combining assets and operations.
- To share risk for major investments or projects.
- To access each other's competencies.
