All of the following are advantages for a firm entering into a joint venture except
A) the firm may be able to benefit from a partner's knowledge of the host country's competitive position, culture, language, political systems etc.
B) the firm gains by sharing costs and risks of operating in a foreign market.
C) the firm will have tight control over a foreign subsidiary needed to engage in coordinated global attacks against rivals.
D) it allows firms to take advantage of a partner's distribution system, technological know-how, or marketing skills.
Correct Answer:
Verified
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