________ can enable firms to learn the technology, culture, and business practices of other people and to make contacts with potential customers, suppliers, creditors, and distributors in foreign countries.
A) Economies of scale
B) Joint ventures
C) Low-cost production facilities
D) Reduced tariffs
E) Domestic operations

Question

Quizplus · Accepted Answer

Joint ventures involve collaboration between firms from different countries, allowing them to share knowledge, technology, and business practices, and to establish connections with local stakeholders.

________ Can Enable Firms to Learn the Technology, Culture, and Business