All of the following are generally considered to be benefits of joint ventures as a strategy in reaching global markets,except:
A)access to markets where foreign goods are often not allowed.
B)elimination of potential competition.
C)shared technology and marketing expertise.
D)shared risk.

Question

Quizplus · Accepted Answer

Joint ventures do not eliminate competition, rather they allow for collaboration and sharing of resources between two or more companies to better compete in the global market. The other options are all benefits of joint ventures.

All of the Following Are Generally Considered to Be Benefits