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How could I use the term joint venture in a sentence?.... PLZ HELP?

i'm doing an assignment for business studies and i know what joint venture means although have no idea on how to use it in a sentence... any examples are fine! thanks for everyone's answers.

ps- joint venture is when 2 or more companies join together to share and lose profits... example- Victoria's secret and their label pink

Public Comments

1. US auto makers forged a joint venture in lobbying
the government for bail out money.

2. Totally made up example - you can be a bit more imaginative with real company names perhaps:

Company A and Company B entered into a joint venture arrangement on the 1 November to extract iron ore from West Australia's Kimberley region. The joint venture, called company Z, will be operated from Perth and will employ 2,000 personnel in the first four years. Fred Smith has been appointed as CEO of Company Z and has 15 years' experience of managing joint venture arrangements such as this.


hope that helps.