• In November 2018, the world’s largest pork company, Smithfield Foods, is collaborating with Dominion Energy, a major energy company, to turn pig poop into renewable natural gas. They want to find a way to trap methane from hog waste and convert it into power for heating homes and generating electricity.
• Smithfield is providing its company-owned and contract farms, as well as costs for waste treatment.
• Dominion Energy is providing its brand name as a sustainable, reliable, and affordable energy source. It also provides its processing facilities which take methane and convert it into energy.
• As of October 2019, both companies have decided to double their investments on this project to $500 million.

Our efforts with Dominion Energy represent a historic initiative to transform the future of sustainable energy and agriculture — including right here in our backyard of Virginia,”   “When fully implemented, our partnership will ultimately produce enough RNG to power more than 70,000 homes and businesses and prevent more than 2.5 million metric tons of greenhouse gases from entering the atmosphere, which is the same as taking more than 500,000 cars off the road or planting more than 40 million new trees.”

• cafe staff will receive training from Starbucks
• the Starbucks store will be part of Seattle coffee company that are well known 
• introducing Starbuck coffee to new customers 
• high quality cup of coffee for customer in the bookstore
• having relationship with Starbucks disadvantage:
•  

• Beyond Meat gets the backing of a large and revered brand: Pepsi has been in the food and drink industry for hundreds of years. Beyond Meat is a relatively new, yet heavily funded startup.
• By working with an environmentally friendly company, it helps Pepsi reach its goals of being a more health-conscious, sustainable company. This includes cutting on plastic use, as well as reducing the usage of unhealthy ingredients such as sodium and sugars into their products.
• Pepsi can venture into another lucrative industry - plant-based research.

• Who gets the blame if this venture fails to succeed or reach expectations?
• How will the profits be split? Based on the amount of work invested or a 50/50 distribution? This is all up to the two companies, and if they don't come to terms with how profits are split then it could be detrimental to their success as a joint venture.

• All of the suitcases has the sturdy construction expected from Rimowa, infused with the aesthetic from Dior, meaning that it will attract lots of customers.
• This adds value to the suitcases due to the manufacturing technique that gives the print an iridescent quality.
• It comes in many sizes for customers to choose

• The price may be high for some

• As the pandemic heavily affected the fashion industry both brands had to find new inspiration to meet the consumer’s new needs and their lockdown lifestyle. When both came to collaborate together they were able to produce clothing that valued performance and comfort while also being fashionable and trendy.
• Reduced time to enter the market - as both firms bring in their fashion sense and manufacturing knowledge it helped speed up the time taken to design, manufacture and enter the market.
• The two brands were newsworthy, well-known, could easily catch consumer’s attention, shared risks, knowledge and costs, etc.
• Boosted the two brands in the world's top fashion brands.
• Adidas earned a higher brand quality image by +6.4% and purchase consideration by +4.3%.
• Increased sales and recognition between the two brands.

• As Gucci is a luxury brand while Adidas is more mass when the two collabs it became hard for Gucci to maintain its brand equity and Adidas to meet their standards on their core value of performance and comfort. Both brands were slightly unable to meet their original goal and expectations from their specific target market.
• Many of the product's prices were still very high, the starting price was $253 (around 9051.71 baht in 2023) and to $4,200 (around 150,265.50 baht in 2023).
• The products made were still very niche as they were based on sportswear. So the target market wasn't as large.
• Some consumers thought the collab was 'boring' and was not the best design that the two brands could have come up with.

• SpaceX will launch military satellites into low Earth orbit to provide an enchanted global and situation awareness and for providing much better communication services for the public. 
• Provides the Department of Defense to stay ahead in terms of technology and providing the military with more accurate intelligence and data.
• Enables Department of Defense to respond quickly to changing conditions and make informed decision on the battlefield (due to advanced sensors and cameras of satellites).
• Allows SpaceX access to expertise and resources from Department of Defense. Could help SpaceX refine their technology further.
• Reduces costs of launching satellites, could help make space travel more affordable for everyone 

• SpaceX has previously written a “poor proposal,” to the Department of Defense and this has caused a misunderstanding between them regarding approval for SpaceX to launch satellites. Initial poor communication like this may weaken the joint venture and make the likelihood of success low.

• Hulu is a popular video/ movie streaming platform that emerged as a joint venture in 2007. This collaborative effort was initiated by NBC Universal and News Corporation, with The Walt Disney Company joining shortly after. 
• The idea was to create a platform that would offer streaming content from their respective networks and studios, positioning Hulu as a serious competitor to Netflix.

• Content Variety -  Hulu has a diverse range of content to offer. With multiple major media companies involved, it has access to a vast library of shows, movies, and original content. This creates more choice of content for viewers to browse from, possibly increasing customer interest for Hulu.
• Financial Backing - The financial backing of these video media groups provided Hulu with the necessary resources to compete in the streaming market. This allowed them to invest in high-quality original programming and expand their user base.
• Competitive Edge - Through collaboration, Hulu was able to compete with other streaming services like Netflix and Amazon Prime Video. This competition benefits consumers by driving innovation and potentially keeping subscription prices competitive.

• Content Disputes - As a joint venture, Hulu faced challenges related to content licensing and ownership disputes among its parent companies. These disputes could limit the availability of some content in certain countries on the platform.
• Limited Global Reach - Unlike Netflix which quickly expanded globally, Hulu has been primarily limited to the United States largely due to its joint ownership structure. This limitation can hinder its growth potential.

• Developing an EV is costly, from research and development to manufacturing. Sharing these costs through a joint venture can be more financially efficient for both Sony and Honda.
• Collaborating allows both companies to enter the EV market faster than if they were to do it independently. This is crucial in an industry that’s rapidly evolving.
• This could help  both Sony and Honda potentially attracting more attention and customers.
• Combining their different backgrounds and approaches may lead to innovative solutions and technologies that neither company could have developed on its own.

• The electric vehicle market is highly competitive which they might not be successful as they have to face tough competition from relative newcomers like Tesla
• Sony and Honda come from different industries (electronics and cars), so working together might be challenging.
• Sony might spend a lot of money on cars, which could take away from their successful gaming and entertainment businesses.
• Making electric cars involves significant capital investment.  If the car venture doesn’t do well, it could cause problems for Sony and Honda financially.

• The 50/50 joint venture made use of Wilmar’s infrastructure, expertise and extensive network in China
• Generates more revenue (for Wilmar for bringing in Kellogg’s) and provide more product options for consumers in China
• Kellogg contributed its portfolio of globally-recognised products and brands, spreading the brand name and using its name to promote Wilmar
• Hoped to combine their expertise to attack the Chinese market by storm and also expand their brand/company name

• Wilmar is accused of illegally growing palm and engaging in slash-and-burn practices (deforestation)
• Kellogg had tried to defend Wilmar however it only showed that that’s the danger of choosing partners who don’t share your values (If a company does something wrong, it can cause the other company it’s reputation)
• As China may have not seen the Kellogg’s brand before, the consumers may be sceptical to try and may not trust the product, meaning no sales will be made/not enough sales
• Costs of importing and exporting may be expensive

YG entertainment of South Korea , a company which dominates in the music industry of Kpop and creates

world class K-pop groups and idol such as IKON, and

Big Bang and also 2ne1 and etc, joins with a huge

Thai entertainment company called GMM Grammy,

who created world class actresses and actors such

as, Nanon Korapat KirdPun and Bright Wichirawit,

and etc, to create a joint company under the name

of YG’MM, to create and search for more talents in

Thailand to once again make an legendary moment

in the music industry just like, Lisa Lalisa Monoban

or Lisa Blackpink, who dominated the K-pop music industry and the music industry as well.

Advantages:

GMM Grammy will hold 51% of the whole entire company share while YG entertainment, will hold the other 49% of

the company share.

Registering the company value of the capital revenue and cost of 200 million baht on entertainment projects.