Which of the following is the most beneficial aspect of an international joint venture?
A)the international partner receives the entire profit
B)the responsibility of risks is solely taken by the international partner
C)the partner's local contacts and markets will be utilized
D)the entire cost of production will be borne by the local partner

Question

Quizplus · Accepted Answer

The most beneficial aspect of an international joint venture is that the partner's local contacts and markets will be utilized. This allows the business to establish a local presence and gain access to the partner's established network, which can save time and resources in market entry and increase the likelihood of success in the foreign market. The other options (A, B, and D) do not represent beneficial aspects of an international joint venture.

Which of the Following Is the Most Beneficial Aspect of an International