5 Questions
Which two companies formed the Hero Honda Joint Venture?
Hero Cycles and Honda
What advantage do joint ventures aim to achieve?
Complementary skills
Why was joint venture a common mode of entry in India before liberalisation?
To meet government requirements
What was Hero Honda's equity when it started operations in 1984?
16 crore
What was the distinctive competence brought by Hero Honda's partners?
Distribution and service network
Test your knowledge on Hero Honda Joint Venture and understand the concept of forming a new company through collaboration. Explore the benefits and unique characteristics of joint ventures in this quiz.
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