Risk is an important factor for companies engaged in international business.One way a collaborative arrangement helps minimize risk when operating abroad is by ________.
A)reducing the possibility of technological appropriation
B)freeing up resources so a company can diversify into more countries
C)preventing the entry of new competitors
D)eliminating losses from exchange rate depreciation abroad

Question

Quizplus · Accepted Answer

Collaborative arrangements, such as joint ventures or partnerships, allow companies to share resources and costs, thereby freeing up resources that can be used to diversify into more countries, spreading and minimizing risk.

Risk Is an Important Factor for Companies Engaged in International