Which of the following is/are particularly important in joint ventures for the purposes of strategic planning, implementation, and production?
A)ethnocentric hiring strategy
B)dual-career couples
C)multicultural teams
D)rigid repatriation policies

Question

Quizplus · Accepted Answer

Multicultural teams are particularly important in joint ventures for the purposes of strategic planning, implementation, and production. Joint ventures involve entities from different countries and cultures, and therefore require a diverse team that can understand and navigate cultural differences in order to effectively execute the venture's objectives. Ethnocentric hiring strategies and rigid repatriation policies can limit the diversity of the team and hinder cross-cultural collaboration. Dual-career couples may present logistical challenges but are not directly related to strategic planning, implementation, and production.

Which of the Following Is/are Particularly Important in Joint Ventures