Benefits of joint ventures may include:
A)The ability to respond to strong nationalistic sentiment in the host nation.
B)Access to expertise that the company lacks.
C)Differing strategies and cultures of the partners.
D)The ability to respond to strong nationalistic sentiment in the host nation,and access to expertise that the company lacks
E)purchase of its distributor.

Question

Quizplus · Accepted Answer

Joint ventures can provide multiple benefits, but the two options listed that are most commonly cited are the ability to respond to strong nationalistic sentiment in the host nation (i.e., the local government may require a company to partner with a local firm in order to operate in the country) and access to expertise that the company lacks (i.e., the joint venture partner might have better knowledge of the local market or technology). The other options listed (differing strategies and cultures of the partners or the purchase of a distributor) may be potential benefits but are not as commonly cited as the first two.

Benefits of Joint Ventures May Include