Joint ventures? NYT crossword answer is:
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A joint venture is a business arrangement in which two or more parties agree to combine their resources in order to achieve a common goal. This type of arrangement is often used to share the costs, risks, and rewards associated with a particular project or venture. Joint ventures are often used in the business world to gain access to new markets, technologies, and resources. They can also be used to pool resources and expertise in order to create a more competitive product or service. Joint ventures can be a great way for businesses to expand their reach and increase their profits.