Joint ventures tend to fail when managers who must collaborate daily in operating the venture are not involved in forming or shaping the venture.

Question

Quizplus · Accepted Answer

When managers who are responsible for the daily operations are not involved in the formation of a joint venture, they may lack commitment, understanding, and alignment with the venture's goals, leading to potential conflicts and operational inefficiencies.

Joint Ventures Tend to Fail When Managers Who Must Collaborate