Question

What are Naspers possible joint ventures in regard to implementing the strategy formulation?

Answer 1

Naspers is an internet communication provider that deals with games, entertainment, and other online fields. It started their business in 1915 in South Africa, and currently doing there work well. Naspers is a big multinational company which also have joint ventures which helps the company to grow their business and try to their organizational objectives effectively and efficiently. Strategy formulation is a significant method that guides the company to get success, which they are looking for and try to provide the benefit to their customers, which there quality of service. Continuous integration is a method that helps the weak joint venture to grow and to become a significant joint venture in the eyes of the company as well as the customers. The main motive behind the joint venture is to earn more profits after merging two big companies at the same time. Strategy formulation will be e decided after the companies' permission, and then the strategies should be implemented in the joint venture. If anyone company declines to implement any strategy, they should look for any other strategy to enhance the company's business and profit.