In order to make its joint venture work, a company should do the following except _____.
A) finding a competent and trustworthy partner
B) preparing detailed contracts to define partner responsibilities
C) developing control mechanisms to monitor partner behaviors
D) stressing self-interests of individual partners rather than mutual interests

Question

Quizplus · Accepted Answer

Stressing self-interests of individual partners rather than mutual interests can harm the joint venture and decrease the chances of success. Instead, the company should focus on finding a competent and trustworthy partner, preparing detailed contracts to define partner responsibilities, and developing control mechanisms to monitor partner behaviors.

In Order to Make Its Joint Venture Work, a Company