One benefit of an international joint venture is sharing the risk of a major project.

Name: One benefit of an international joint venture is sharing the risk of a major project.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When two or more companies come together to form an international joint venture, they can share the financial, managerial, and technological risks associated with a major project. This reduces the burden on any one company and helps distribute the risk more evenly.

One Benefit of an International Joint Venture Is Sharing the Risk