In international joint ventures, the issue of culture is one of the top concerns.

Name: In international joint ventures, the issue of culture is one of the top concerns.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cultural differences between the partners can lead to communication barriers, misunderstandings, and conflicts, which can negatively impact the success of the joint venture. Therefore, it is important to address and manage cultural differences effectively in international joint ventures.

In International Joint Ventures, the Issue of Culture Is One