Which of the following statements is a disadvantage of a joint venture?
A) The entering retailer must bear all the loss.
B) Only the local retailer is exempted from trade laws.
C) Government places restrictions on the repatriation of profits.
D) Only the local retailer is exempted from trade tax.
E) The local retailer is at freedom to choose which laws they adhere to.

Question

Quizplus · Accepted Answer

Problems with a joint venture entry approach can arise if the partners disagree or the government places restrictions on the repatriation of profits.

Which of the Following Statements Is a Disadvantage of a Joint