In spite of the potential problems with local partners, many firms rush the process of partner selection because ________.
A)they want to reduce the amount spent on establishing subsidiaries abroad
B)they want to take advantage of the local partner's technological innovations
C)they mostly aim at increasing the number of equity shares within a short period of time
D)they are anxious to get into an attractive market

Question

Quizplus · Accepted Answer

The rush to select a local partner is often driven by the desire to quickly enter an attractive market. Companies may feel pressured to establish a presence before competitors or miss out on potential opportunities. However, this rush can lead to overlooking potential issues with the chosen partner, which can cause problems in the long run.

In Spite of the Potential Problems with Local Partners, Many