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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 325 |
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Back ground
Hero Honda is a two-decade-old story. It came into existence as a joint venture agreement between the Munjal family’s Hero Group and Honda Motor Company (HMC) of Japan, each having 26% stake in the company. A ten year agreement was first entered in the year 1984, whereby HMC brought in technical expertise and Hero Honda brought in local talent to manage all other functions including marketing, finance, and human resources...
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Back ground
Hero Honda is a two-decade-old story. It came into existence as a joint venture agreement between the Munjal family’s Hero Group and Honda Motor Company (HMC) of Japan, each having 26% stake in the company. A ten year agreement was first entered in the year 1984, whereby HMC brought in technical expertise and Hero Honda brought in local talent to manage all other functions including marketing, finance, and human resources...
Essay fragment
General points of the essay
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