Which of the following is true about joint ventures?
A) A joint venture is a risky way of entering a global market.
B) Joint ventures are usually the only way a government will allow a foreign company to enter its country.
C) Joint ventures enable the local firm or government to acquire managerial skills and new technology.
D) All of these are correct

Question

Quizplus · Accepted Answer

Joint ventures can be risky, may be required by governments for market entry, and allow local firms to gain skills and technology, making all options correct.

Which of the Following Is True About Joint Ventures