Managing global joint ventures can be difficult because they:
A)represent a merging of four cultures.
B)increase the number of tariffs that have to be paid.
C)can only be used by large companies that already have an international presence.
D)use local consistency in marketing.
E)help companies to allow nontariff barriers to entry.

Question

Managing global joint ventures can be difficult because they:
A)​represent a merging of four cultures.
B)​increase the number of tariffs that have to be paid.
C)​can only be used by large companies that already have an international presence.
D)​use local consistency in marketing.
E)​help companies to allow nontariff barriers to entry.

Quizplus · Accepted Answer

Managing global joint ventures can be difficult because they represent a merging of four cultures (the two companies' organizational cultures and the two national cultures). This can lead to communication and coordination challenges, as well as potential conflicts arising from differing values, beliefs, and approaches to business.

Managing Global Joint Ventures Can Be Difficult Because They