One area in which joint ventures are effective is the transfer of tacit knowledge as illustrated in the joint venture that created Shanghai GM Co.

Name: One area in which joint ventures are effective is the transfer of tacit knowledge as illustrated in the joint venture that created Shanghai GM Co.
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Joint ventures like Shanghai GM Co. facilitate the transfer of tacit knowledge by combining expertise and resources from different companies, allowing for shared learning and innovation.

One Area in Which Joint Ventures Are Effective Is the Transfer