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We need beneficial partnerships to encourage creativity, leverage experience and maximise resources that can help to solve at a business solution as quickly as possible.

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We need beneficial partnerships to encourage creativity, leverage experience and maximise resources that can help to solve at a business solution as quickly as possible. By also looking for partnerships and collaborating externally, organisations can innovate much more quickly and even create solutions to problems that may not yet be prevalent or salient issues. In this context, discuss the concepts of the following collaborative arrangements with examples: Joint Venture and Outsourcing

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